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Asuransi Group Term Life Illness Only provides financial assurance and assistance in times of crisis. In the event of death caused by an illness, an employee’s loved ones will receive from Chubb a lump sum payment of the sum assured as stated in the policy, on behalf of the company.

Coverage Highlights

Benefits for Company

  • It is always comforting to know that in the event of an employee’s death, the company will be able to provide financial support to the loved ones of the deceased 
  • As an increase in employee productivity translates to better profits, motivate your employees by giving them a sense of assurance that they are well looked after 
  • By offering good employee incentives, your company will be able to stay competitive in recruiting new talent

Benefits for Employees

  • Employees will be able to work in peace knowing that the company will provide financial assistance to their loved ones in the event of a crisis 
  • By receiving welfare benefits from the company, employees will become highly motivated and productive at their job 
  • A motivated employee will perform better at work, resulting in greater potential for pay raise and career advancements

Insurance Benefits

Death Benefit: In the event of death resulting from an illness, the insured’s loved ones will receive a lump sum payout equivalent to the sum assured.

The material presented is a product summary. Please refer to the Terms and Conditions of this policy for further information.

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