The Group Life Policy provides protection for employees of a company or members of an association for a premium lower than what they would have paid if the policies had been purchased individually. The following options are available;

Group Security Plan is a renewable annual policy which pays out benefits to beneficiaries of members in the event of death in active service. It may also incorporate personal accident benefits and critical illness cover.

Group Term with Investment is a renewable annual policy which pays benefits to beneficiaries of members in the event of death while the policy is in force. It may also incorporate investment as a component of the product.

Group Term with Personal Accident is a renewable term policy incorporating a personal accident benefit. While the basic policy pays out benefits to beneficiaries of members in the event of death (while the policy is in force), the Personal Accident cover pays compensation for bodily injury, temporary or permanent incapacitation through accidental means.

Group Term only is a renewable annual policy which pays out benefits to beneficiaries in the event of death while in active service.

For further information, contact accredited sales representatives, any SIC LIFE Office near you or the offices listed on this site.