Group Life Solutions
The caring company extends its support to its own employees too; group life insurance products are geared towards companies of all sizes looking to provide insurance benefits to the families of employees who pass away. Group life insurance policies have evolved over the years to also include benefits for retired employees, along with benefits in case of terminal illnesses to extend financial support during the employee’s life time as well. TPL Life’s group life insurance products are designed to let you, as the caring employer, provide insurance cover to employees at all levels in your organization.
This one-off cash lump sum funds day-to-day expenses, private treatment, or an income. The Critical Illness Benefit is payable if the policyholder suffers from one of the specified critical illnesses.
Salary Continuation Plan
A content workforce is a productive workforce. Ensure peace of mind for your employees with this plan, which assures that the dependents of an employee will continue to receive care in event of any misfortune.
Give employees gain financial security with this policy, designed for the depositors of the bank. In case of death of the depositor, TPL Life will multiply, or pay an amount equivalent to account balance to the beneficiary.
Encourage employees to invest towards the future. This policy entails investing in instruments such as mutual funds, paid to the nominee as an increased investment which will also take care of the investor’s financial planning, in case of the holder’s demise.