Group Life insurance

Group Life insurance is usually a 1 year Term Life insurance that is subscribed by the company to indemnify the family beneficiary in case of death. Group Life insurance is applicable for death following either private home accident and related to work.

Most Life insurance plans should be applied in the country where the staff is located, as insurers do not like to underwrite this risk for staff living overseas due to the nature of the risk.

Such kind of policy can be arranged on top of a Group Medical plan or as a standalone plan.

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