Group Life

The Organisation’s key to survival is its knowledge and leadership within its area. This can only be achieved through qualified and trained personnel. Attracting and retaining qualified staff is an equally enormous challenge.

Many companies have addressed this challenge by realigning their human resource management strategies to offer their employees benefit packages that present a true reflection of their value to the organisation.

At Jubilee Insurance, we understand how important it is for your organisation to retain a qualified and experienced workforce. We also understand that your organization is unique and that you need a tailor made product to suit your particular needs.

Jubilee offers your organisation three (3) group life insurance policies to cater for the well being of your staff and in turn your organisation with reduced strain on resources and a tax relief on premiums paid.

  1. Group Life Assurance Cover provides death in service benefits which can be augmented with funeral/last expense, permanent disability and critical illness covers. This product aims to reduce the financial impact of an employee who may die, become permanently disabled or suffer a critical illness whilst in active service.
  2. Group Credit Life Cover is designed to fulfil the borrower’s loan obligation in the event that the borrower dies or becomes disabled.
  3. Group Mortgage Protection Cover provides mortgage loan redemption on death or disablement of the borrower, on the understanding that all repayments under the mortgage agreement prior to the date of death or disablement of the borrower have been paid