Generali Worldwide’s Group Life plan provides the essential protection that a company may require as the cornerstone of a valuable corporate employee benefit plan. By providing employees with peace of mind as a part of their remuneration package, employers, in turn, also promote greater loyalty to the company.
Three types of Group Life plans can be offered:
1. all causes;
2. natural causes only; and
3. accidental causes.
Group Life provides a lump sum payment of benefit in the event of an employee’s death while in employment. The benefits can be based on a multiple of salary or a fixed amount.
Generali Worldwide’s Group Life plans can be tailored to satisfy the specific needs of the employer and their employees, by offering additional group benefits such as Voluntary Life, Spouse’s and Orphans’ Pensions and Critical Illness. See 'additional covers' for details.