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Group Life

Group Life Product

Employees make every organization. We know that you know this, and you ensure the wellbeing of your employees. Hence our group life policy was created for you and your employees. With a single contract, we cover your organization by covering your people. We offer group employee benefit packages custom to your business needs. Together we give them the best, enabling them to give your organization their best

 

 

 

Some of the benefits

Security

Stanbic IBTC Life Insurance is backed by strong and reputable financial institutions

Flexibility

Simplified policy update process ensures your policy remains updated

Track Record

The Stanbic IBTC Group has been managing funds for companies and individuals for over 2 decades

Professional Service

Our team of expert advisors are available to help you make the most of your money
Benefits
  • Auto- coverage for all organization members: All members in the organization are covered without drawing up additional insurance contract
  • Affordable:  It is affordable than when individuals opt for a policy
  • Tax benefits: it reduces the tax liability of the organization
  • Customized premium payment plan: A customized premium plan is drawn up depending on the needs of the organization and its members.
How to get started

Complete the Proposal Forms  and KYC form, scan and send to [email protected]

 

How do I make a Claim

Complete the claims form, scan and send to [email protected]

 

Frequently Asked Questions
  • What organizations are eligible to participate in the policy?
    All registered organizations with at least 3 employees are eligible to participate in the policy.
  • How can I enroll my company for the policy?
    You can download our subscription form here and contact us to provide guidance on the submission process.
  • Who are covered?
    All members of the organization and their members stated on the policy.
  • Does this policy include the death benefit?
    Yes. The policy includes the death benefit
  • When is the policy terminated?
    This policy is not terminated by age. If the insured is still actively in employment of the insuring company, the policy contract is still valid.
  • Benefits
  • How to get started
  • How do I make a Claim
  • Frequently Asked Questions
  • Auto- coverage for all organization members: All members in the organization are covered without drawing up additional insurance contract
  • Affordable:  It is affordable than when individuals opt for a policy
  • Tax benefits: it reduces the tax liability of the organization
  • Customized premium payment plan: A customized premium plan is drawn up depending on the needs of the organization and its members.

Complete the Proposal Forms  and KYC form, scan and send to [email protected]

 

Complete the claims form, scan and send to [email protected]

 

  • What organizations are eligible to participate in the policy?
    All registered organizations with at least 3 employees are eligible to participate in the policy.
  • How can I enroll my company for the policy?
    You can download our subscription form here and contact us to provide guidance on the submission process.
  • Who are covered?
    All members of the organization and their members stated on the policy.
  • Does this policy include the death benefit?
    Yes. The policy includes the death benefit
  • When is the policy terminated?
    This policy is not terminated by age. If the insured is still actively in employment of the insuring company, the policy contract is still valid.