Umbrella group life assurance
This scheme provides a death benefit to employees who die in the service of the employer. The maximum benefit payable is equivalent to 4 times annual salary couples with a generous free cover limit. Critical illness rider A lump sum benefit of 25% of group life sum assured is payable once in a life time on diagnosis of any of the following seven medical conditions for the first time; cancer, kidney failure, stroke, major organ transplant, heart attack, paralysis/paraplegia.
Funeral expense Kshs. 50,000 is payable within 48 hours of notification of the insured members demise.
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