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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.

  • The Plan can be extended to include Critical Illness Cover as an additional benefit, for either all employees or selected categories of employees. Cover under this optional benefit pays out an additional lump sum if the employee is diagnosed with a critical illness that meets our policy definition.
  • Permanent Total Disability (Prepayment benefit).
  • Accidental Death Benefit.
  • Cover for spouses.
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