Group life assurance - A need or a want?

Friday, September 04, 2020

For many, understanding the ins and outs of various insurance solutions can feel overwhelming and even confusing at times.

It is important to know what solutions exist, how they work and what works for you. Here, we look at one solution, Group Life Assurance, and unpack what it offers as well as how it works.

Group Life Assurance is a type of insurance policy in which a single contract covers an entire group of people in an organisation. The policy owner is an employer or an entity, and the policy covers the employees or members of the group.

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