If you’re looking for a valuable benefit for your employees, African Unity Life’s leading group risk products offer everything you need. Your staff will appreciate what this benefit means for them and their families. Disability and death are traumatic for a family and the last thing they need to deal with is the financial burden that comes with either of these. The death of a loved one, especially if they’re the breadwinner of the family, brings with it many uncertainties. With African Unity Life’s group life insurance products, employees and their loved ones can enjoy peace of mind knowing that when there is a death in the family, the financial burden is covered and the family can bury their loved one with dignity.
Frequently Asked Questions About Group Life Insurance
What is life insurance?
Life insurance offers peace of mind to the family of the principal policyholder in the case of his or her death. The deceased is often the breadwinner and when they pass away, it can leave the family with a huge financial burden. Our competitive life cover pays out a lump sum to the beneficiaries to cover the immediate expenses associated with a death in the family. The policy also aids in helping the family cover the necessities for a period of time.
Can anyone qualify for life insurance?
Yes, anyone is able to take out a life insurance policy.
What is a life insurance beneficiary?
During the application stage, you will nominate your beneficiary. This is the person who will receive the benefit when you pass away.
When does my life cover begin?
Your membership starts on the first of the month after receipt of your first premium. Your life cover starts after the relevant waiting period has expired.