The main aim of a pension or provident fund is to provide benefits for its members when they retire from employment. The fund also usually pays benefits when a member dies while still working, or is unable to work because of illness, or is retrenched
- Group Life Insurance – Group life insuranceis a type of life insurance in which a single contract covers an entire group of people. Typically, the policy owner is an employer or an entity such as a labour organization, and the policy covers the employees or members of the group
- Lump Sum Disability – Disability Lump SumDisability Lump Sum Cover pays you a lump sum if you cannot work because of a permanent illness or injury. This can be used to pay for once-off disability related expenses and the remaining funds can be reinvested to provide you with a monthly income
- Family Funeral Benefit – The days following the loss of a loved one are often the most trying for any family. Our Family Benefitpays a lump sum if a member or someone in their immediate family pass-away. This lump sum can help members and their families pay for funeral costs and any other immediate expenses.