What is Group Life Insurance?

It is a plan that covers all your employees under one contract.

It can:

  • Serve as a form of employee benefit
  • Provide peace of mind to your employees and you
  • Help to attract and retain good employees

Why is it important to you?

You can plan ahead with confidence, knowing that:

  • Your employees are covered in the event of Death and Total Permanent Disability, due to both natural and accidental causes
  • You save time and resources, in negotiating umbrella coverage for your employees under one contract

This is suitable if you want

  • To provide employees peace of mind
  • To show employees that you have their welfare at heart
  • To use this plan as a form of employee benefit
  • To attract and retain good employees
     

This is not suitable if you want

  • A personal life insurance plan for yourself

Key coverage

  • Group Term Life
  • Group Personal Accident Rider
  • Group Dread Disease Rider
  • Group Disability Income Rider
All benefits and features mentioned herein are subject to terms and conditions of the policy. You must refer to the Policy Contract for the precise terms and conditions of this insurance plan.

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Important information

Policies are yearly renewable, subject to the agreement of the company. Premiums payable for this insurance policy are not guaranteed and may change at Policy Renewal Date at our full discretion.

This plan is underwritten by Tokio Marine Life Insurance Singapore Ltd. All benefits and features mentioned herein are subject to terms and conditions of the policy. You must refer to the Policy Contract for the precise terms and conditions of this insurance plan. The information shown in this website is for reference only and is accurate as at 27 May 2014.

Note: Buying a life insurance policy can be a long-term commitment. An early termination of the policy usually involves high costs, and the surrender value payable may be less than the total premiums paid. You may wish to seek advice from a financial adviser before making a commitment to purchase the product. In the event that you choose not to seek advice from a financial adviser, you should consider whether the product in question is suitable for you.