Group Life Insurance
Group life insurance is a type of life insurance in which a single contract covers an entire group of people. Typically, the policy owner is an employer or an entity such as a labor organization, and the policy covers the employees or members of the group.
It provides protection to a group of persons when negative life events such as death or disability occurs.
Requirements for group life quotation.
- Name of the Members/Genders and Date of birth
- The annually salary of each empoyee