Term Life Assurance

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Life Assurance

Term Life Assurance

This scheme covers the insured employees against both natural and accidental death. The insurance cover remains in force for one year and renewable annually for successive years. The sum insured (the policy benefits) would be payable to the beneficiaries of the insured in case of death of the employee during the policy period.

Critical Illness/Terminal Illness

Receive essential financial protection in the event of life-threatening illnesses. This cover ensures support during the most challenging health emergencies.

Covered Conditions Include:

  • Heart Attack

  • Stroke

  • Coronary Artery Surgery

  • Cancer

  • Renal Failure

  • Aorta Surgery

  • Heart Valve Replacement

  • Paraplegia or Paralysis

  • Major Organ Transplant

Medical expense due to accident

If the Assured incurs medical, surgical, hospital and other expenses necessarily incurred and expended in connection with injury by accidents, the company shall make payments towards these expenses subject to an overall limit per Employee for any one period of insurance.

Covered Conditions Include:

  • Medical, surgical, and hospital expenses

  • Other necessary costs arising from accidents