Group Life Assurance Scheme
Group Life Assurance Policy or Death-In-Service Benefit Scheme is a contract of insurance designed to provide for the payment of capital sum (sum assured) to the dependants of an employee who dies while in the service of the employer.
Guaranteed Tuition Protection Plan
The plan is designed to offer coverage to parents as a group and create immediate estate sufficient to guarantee payment of school fees of named pupil(s) and thus forestall the abrupt stoppage of education of the child in the event of the demise of the parent/guardian.
Deposit Administration Scheme is an investment vehicle adopted by employers of labour for the management and administration of their employees out-of-service benefits or to augment their statutory benefits.
Credit life insurance is designed to protect financial institutions against non repayment of loans as a result of death, disability or Loss of Job of short to medium term borrowers.