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Group Benefit Plan

Group Benefit Plan

The MSV Group Benefit Plan enables you to provide valuable financial protection and emotional support to your employees and their dependants by paying a tax-free lump sum on death, disability or on the diagnosis of a critical illness.

As an employer you appreciate the value of your employees and understand the importance of maintaining good employee relations. Providing free life insurance for your employees is one of the best ways to show that you care about them and about the welfare of their families.

  • Provides valuable life insurance protection at a low cost.
  • Cover for all employees is provided under one Plan.
  • Simple to administer.
  • Premiums paid are tax deductible as a business expense.
  • Can be offered as part of the overall benefit package to your employees.
  • An effective tool to attract the best talent and retain high calibre employees.
  • Promotes staff loyalty and increases staff motivation.
  • The plan can be customised to meet the needs of specific employment segments, such as your company’s management team.
  • Benefits can be paid directly to designated beneficiaries.
  • No medical examination required up to an agreed free medical cover limit.
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