Group Life
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Your people are your company's lifeline and a Group plan goes a long way in
showing them that you have their welfare at heart. It can also play an
important part in attracting and retaining good staff.
What is a Group plan?
As the name suggests, a Group plan is one that provides insurance coverage for
a group of people under one contract. It is usually issued to companies to
cover the lives of their employees.
There are many types of Group plans available and each is designed to cover
specific needs. Some examples are Group Term Life, Group Personal Accident,
Group Dread Disease and Group Hospital & Surgical plans.
Premiums are usually less than those of an individual insurance. This is due to
cost savings in acquiring and servicing the plan. The premiums are calculated
yearly and vary on the renewal date as a result of changes in staff strength,
ages and claims experience.
Uses of Group plans
Group plans are useful in meeting the following needs:
- To provide employees peace of mind.
- To serve as a form of employee benefit.
- To attract and retain good employees.
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Our Group Life Plans
 Group Term Life
Group Personal Accident
Group Hospital & Surgical
Group Dread Disease Plan
Group Disability Income Plan
Group Outpatient Clinical Plan (Asia MediPlus)
Group Catastrophic Medical Plan
Related Links
Product Information Page
MyPolicy - Online Account
Common
definitions of Dread Diseases covered by TM Asia Life
To Find Out More
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