Group Life Insurance
Provides coverage to employees or members. This provides coverage to all eligible employees or members under a single contract, offering financial security to their families in the event of the insured's death.
Other benefits can include:
- Accidental Death and Dismemberment (AD&D)
- Total and Permanent Disability Income Benefit (TPDIB)
- Terminal Illness Benefit (TIB)
- Burial Benefit
- Accidental Medical Reimbursement
Information/Documents needed for Group Life Insurance
- Preferred plan benefits (if available)
- Employee and dependent list, including date of birth, civil status, gender, and position/job level
- Name and Nature of business
