Employee Benefits
customise comprehensive and flexible employee benefits insurance for your employees
These days employees are looking for more than just a good salary. They want a comprehensive benefits programme that is built into their remuneration package, and specifically designed to look after their welfare. We offer comprehensive and flexible employee benefits insurance for your employees that can be customised to suit your budget and employees’ needs:
- Help to attract and retain good employees, to show them that you have their welfare at heart.
- Your employees are covered in the event of Death and Total Permanent Disability, due to both natural and accidental causes.
- Employees are protected from costly hospitalisation and surgical procedures in the event of illness or injury.
- Employees will be reimbursed for medical expenses in the event of hospitalisation due to illness or accident.
What Does It Cover
Group Term Life
Covers Death and Total & Permanent Disability (TPD), due to both natural and accidental causes.
Group Disability Income
Pays a monthly benefit to replace loss income loss due to disability, in the event that the employee develops a total or partial disability resulting in them being unable to work and earn an income.
Group Hospital & Surgical
Reimburses eligible medical expenses arising from illness or injury. If your employees need surgery or a hospital stay, this plan will meet most of their medical expenses.
Outpatient Clinical
Ensures flexible and convenient access to quality medical care.
Group Critical Illness
Pays a lump sum benefit upon diagnosis of any of the 30 Dread Diseases. It includes either additional or accelerated critical illness coverage for most major critical illnesses.
Group Personal Accident
It covers permanent disablement, such as the loss of the use of a limb due to an accident according to the Schedule of Indemnities, and third-degree burns covering at least 25% of the body’s surface.
Group Major Medical
This plan provides a safety net for your employees by covering medical costs that fall outside your company’s Group Hospitalisation and Surgical Plan limits includes deductible and co-insurance feature.
Outpatient Specialist
Reimburses medically necessary treatment for any illness, injury or disease by a specialist doctor. It offer cashless transactions upon presentation of Insurer’s outpatient card, convenience is provided for your employees’ outpatient consultation needs.
EXCLUSIONS
There are certain conditions whereby the benefits under this plan will not be payable. You can refer to your policy contract for the precise terms, conditions and exclusions of the plan. The policy contract will be issued when your application is accepted.
IMPORTANT INFORMATION
Policies are yearly renewable, subject to the agreement of the Insurer. Premiums payable for these insurance policies are not guaranteed and may change at Policy Renewal Date at the Insurer’s full discretion.
All benefits and features mentioned herein are subject to terms and conditions of the policy. You must refer to the Policy Contract for the precise terms and conditions of this insurance plan.
Note: Buying a life and/or health insurance policy can be a long-term commitment. An early termination of the policy usually involves high costs, and the surrender value payable may be less than the total premiums paid. You may wish to seek advice from a financial adviser before making a commitment to purchase the product. In the event that you choose not to seek advice from a financial adviser, you should consider whether the product in question is suitable for you.
Policy Owners' Protection Scheme
This policy is protected under the Policy Owners’ Protection Scheme which is administered by the Singapore Deposit Insurance Corporation (SDIC). Coverage for your policy is automatic and no further action is required from you. For more information on the types of benefits that are covered under the scheme as well as the limits of coverage, where applicable, please contact us or visit the GIA/LIA or SDIC websites (www.gia.org.sg or www.lia.org.sg or www.sdic.org.sg).