i. Work Injury Benefits Acts (WIBA)

This is a policy designed to cover the employees of the Insured while on duty and engaged in the execution of the Insured’s business & or any project undertaken by the Insured.

Benefits covered include: –

  • Accidental Death
  • Permanent Total Disability
  • Temporary Total Disability
  • Medical Expenses
  • Funeral Expenses

ii. Group Personal Accident (GPA)

This provides compensation to employees in the event of death, injuries and disabilities caused by solely accidental, external and visible events.

iii. Last Expense / Funeral expenses

This is a stand-alone cover that is taken out for your employees and it will pay out an agreed lump sum amount in the event of death of an insured employee

iv. Pension Plans

Pension plans are investment arrangements that allow an individual to allocate a part of their savings to accumulate over a period of time and provide them with a steady income after retirement.

These plans are facilitated by employers but individual pension plans are also readily available in the market.

v. Life Insurance

This is a policy that offers protection against financial loss that would result from the premature death of an insured person. The named beneficiaries (one’s dependents) will receive the proceeds and are thereby safeguarded from the financial impact of the death of the insured. This works as a perfect cushion ensuring your children’s education is not affected by your absence. The death benefit is paid by the Life Insurance Company.

This insurance can be taken by individuals and also by groups.

vi. Group Life Insurance

This is a type of life insurance taken by an employer on his employees and pays out an agreed amount to the beneficiary of the insured employee in the event of a death in service.

vii. Fidelity Guarantee

Designed to provide protection to an Employer against the risk of loss of money or property sustained as a direct result of acts of fraud, theft or dishonesty by an employee in the course of employment

viii. Travel Insurance

Companies who have employees travelling to overseas company subsidiaries, branches or offices.
Provides cover on:

  • Loss of passport.
  • Travel delay or flight cancellation.
  • Total loss of luggage.
  • Loss of money.
  • Medical expenses and assistance.
  • Hospital allowance.
  • Personal accident.
  • Personal civil liability.
  • Emergency evacuations