Protecting Your Family’s Financial Future with Customizable Options
ABSLI Group Protection Solutions provides companies with a robust way to enhance their relationship with employees by offering life cover that pays a lump sum benefit to beneficiaries in the event of an unfortunate occurrence. This plan also includes various optional benefits to cover additional risks such as accidental death, disability, critical, and terminal illness.
Key Features:
- Comprehensive Cover: Includes optional benefits to address a range of risks.
- Flexibility: Sum assured can be uniform for all employees or vary by grade or salary.
- Customization: High degree of customization, flexibility, and standardization.
- Administrative Ease: Simplified and straightforward administrative processes.
Benefits:
- Death Benefit: Sum Assured on Death is payable if the member dies during the Base Cover term.
- Flexible Coverage Options: Choose between level cover or increasing cover as per your needs.
- Individual Conversion Option: Members can continue their coverage as an individual policy if the master policy is surrendered.
- Customizable Benefits: Select from a range of 5 optional benefits and 5 riders to tailor coverage.
Riders Available:
- Accidental Death Rider (UIN 109B004V04)
- Provides financial protection in the event of accidental death.
- Accidental Death and Dismemberment Rider (UIN 109B005V04)
- Covers both accidental death and dismemberment.
- Term Rider (UIN 109B007V04)
- Offers financial protection in the event of death.
- ABSLI Group Comprehensive Critical Illness Rider (UIN: 109B040V01)
- Provides coverage for a range of critical illnesses.
- Total & Permanent Disability Rider (UIN 109B010V04)
- Financial protection in case of total and permanent disability.
Download: Plan Brochure
For detailed information on the riders and exclusions, please refer to the brochure or visit our website.