Group Life

Group Life

Group Life

Group Life Assurance Scheme is a death benefit for employers of Labour who have 5 or more employees. 

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Group Life Assurance Scheme is a death benefit for employers of Labour who have 5 or more employees. It is a yearly renewable term assurance and it covers members whose age is 18years and above but less than 60 years. Benefit is payable upon death of member; it covers death - natural and accidental. The contract is between the policyholder (the Insured) and AIICO; policy is issued to the policyholder while members covered are issued individual certificates of insurance

Why do l need Group Life?

  • It is the law (Pension Act 2004)

 

Benefits:

  • Secures the future of your employees beneficiary
  • Remittance of annual premium comes with a stipulated grace period of 30 days

 

Need More Information

Please contact:

07000AIICARE (0700 0244 2272)
07001AIICARE (0700 1244 2272)
07002AIICARE (0700 2244 2272)

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