LIFE INSURANCE

WE OFFER YOU PEACE OF MIND, FOREVER & ALWAYS

JICO, is one of the leading insurance and financial services providers for more than 40 years, which is backed up by strong re-insurance treaties.

Therefore, we designed our group term life insurance that provides suitable insurance covers which reflects our experience and capabilities in this area.

 

Plan benefits:

  •  Death due to any cause

In case death occurs during policy term anywhere in the world, a Lump-Sum of face value is paid to the beneficiaries.

  • Accidental Death

If death is caused as result of an accident that occurs during policy term anywhere in the world, a Lump-Sum of face value is paid to the beneficiaries; this amount will be over and above the amount of  face value.

  • Permanent Total Disability (PTD) – Due to an accident and/or sickness

If an Employee becomes totally and permanently disabled from bodily injury or a disease, so as to be absolutely prevented from performing any occupation, we offer to pay the amount of life insurance.

  • Permanent Partial Disability (PPD) – Due to accident and/or sickness

If an Employee becomes partially disabled on a permanent basis as a result of bodily injury or disease, we offer to pay a percentage of a lump-sum amount to what the policy applies.

  • Critical Illness Benefit

In case the insured is diagnosed with any of the identified critical illnesses, we offer to pay a lump-sum amount to what the policy applies.