Group term life insurance is a type of insurance coverage offered to a group by an employer, association or other organisation. This type of expat life insurance provides a benefit to the beneficiaries if the individual on the policy dies during the covered period. As with some types of group benefits, group term life insurance is generally less expensive than an individual Term Life insurance policy coverage. For this reason, group term life insurance is often a key component in most employee benefit packages. Get in touch with us if you would like to discuss any of this further – regardless of whether you are and employee or employer.
If you are an employee, call us today to run through any details of your current Group Term Life Insurance policy in Singapore. We can help you as an individual assess to see if the needs of you and your family are being met adequately by your employer’s life insurance plan should anything happen to you. If it isn’t, then we can offer you a term life insurance plan that will make you protect you and that you can take with you when you go to your next overseas posting or home. Let us know if you need any assistance here and our dedicated Life Insurance consultant will be happy to help.
If you are an employer, make sure that you take care of your people and Contact our Employee Benefits team today to make sure that you have this cover for your employees. Moving overseas is a big expectation for any family and providing your workforce with the necessary cover that they will need for an overseas posting will help you recruit and retain excellent talent. Our dedicated team can tailor the best needs for you and your organisation so that you can rest easy knowing that everyone under your duty of care is well seen to. Believe us, you’ll be happy that you did!
Any questions about any Group Term Life Insurance, reach out today and we will do our best to answer any and all of your questions.