Group Life
An employee protection cover for DTB SME customers that pays a lumpsum (sum assured) in case of 3 major risk events:
Death of an employee
Permanent disability of an employee
A Critical illness diagnosis
This product has a free last expense funeral cover.
Account Overview
An employee protection cover for DTB SME customers that pays a lumpsum (sum assured) in case of 3 major risk events:
Death of an employee
Permanent disability of an employee
A Critical illness diagnosis
This product has a free last expense funeral cover.
What You Need to Open an Account
The requirements are as follows:
Requirements
Proposal for form
Members/Employee list with names & dates of birth
KRA Pin where applicable
Registration Certificate
Premium proof of payment
Corresponding quote
Key Terms
Group Life
Means life cover for groups in which the price of the cover depends more on average age of the group rather than individual age. Eligible Groups are mainly those having employer employee relationships
E.g. SMEs, Sole proprietors, Medium sized companies, any other legally registered entity
Permanent Disability
Means life cover for groups in which the price of the cover depends more on average age of the group rather than individual age. Eligible Groups are mainly those having employer employee relationships
E.g. Driver losing his sight or artist losing his hands
Critical Disability
Means life cover for groups in which the price of the cover depends more on average age of the group rather than individual age. Eligible Groups are mainly those having employer employee relationships
E.g. Heart Attack, Open Heart Surgery, Aortic Surgery, Cancer, Renal/Kidney Failure, Paraplegia, Blindness, Major organ transplant, Parkinson.
Account Benefits
Discover the advantages of banking with Group Life:
Claims paid within 5 days
Funeral benefit paid within 48 Hrs.
Pays a lump sum in case of Death, PTD, critical illness, worldwide coverage, No medicals below 6mn
Relieves out of pocket liability for SME owners
Supports SMEs to attract quality talent through a rich employee benefit package
Documents & Forms
Download the necessary documents to apply for this account:
