GROUP COMPREHENSIVE LIFE COVER
The Workmen’s Compensation and Group Personal Accident policies do not satisfy the needs of employees’ adequate compensation. Hence, many employers are shifting from the traditional Group Personal Accident and Workmen’s Compensation policies to the GROUP COMPREHENSIVE LIFE PLAN because of its numerous benefits. This policy provides the following benefits;
- Accidental Death (100% of Sum Insured)
- Death through illness (100% Capital Sum)
- Workmen’s Compensation
- Group Personal Accident
- Dreaded diseases, i.e. Stroke, kidney failure, paralysis, blindness, cancer, heart attack, coronary artery, major organ transplant (covered up to 50% of Sum Insured)
- Medical expenses (covered up to 10% of Sum Insured)
- Complimentary Benefits (to be determined by the insurance company).
The policy excluded death by suicide.
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