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GROUP FUNERAL EXPENSES
HOME / SERVICES /
GROUP FUNERAL EXPENSES
GROUP FUNERAL EXPENSES
Group life insurance is offered by an organisation or another large-scale entity, such as an association or labor organization, to its workers or members. It is fairly inexpensive, may even be free for certain employees, and is pretty common nationwide.
Benefits of Group Life Cover
Group life insurance is a common employee benefit that provides a death benefit to the insured’s beneficiaries if they die while part of the organization. The purpose is to provide financial support to the families of such employees.
No medical underwriting
Inexpensive to buy
Add coverage for dependents
What Is Included in Group
Life Insurance ?
The biggest appeal group life insurance has for employees is its value for money. Group members typically pay very little, if anything at all.
Unlike individual policies, group insurance doesn’t require a medical exam.
Frequently Asked Questions
– Visit the Services page on the website and click on “Sign Up.”
– You will be redirected to an insurance calculator page to find your appropriate cover on clicking.
– Enter your personal information like your name, date of birth, phone number and click the “Calculate Now” button.
– By submitting the details and verification, the insurer representatives will contact you through phone or any other mode. You can choose your benefits and get a quote.
– Once you have finalized the benefits under the insurance plan, pay the premium, and fill the additional details.
– After filling the form, submit the relevant documents required to complete the online insurance purchase process.
– General insurance – further classified as health insurance, motor insurance, home insurance, fire insurance, and travel insurance.
– Life insurance – also categorized as term life insurance, whole life insurance, endowment plans, unit-linked plans, child plans, and pension plans.
While buying online insurance, you are directly purchasing from the insurer, eliminating any intermediaries in between. Since all your data is kept confidential on their secured servers, and your premiums are paid through secured payment gateways, it is safe to buy online insurance plans.
Also, you can be assured of your money going to the safe hands.
Next time you seek to buy an insurance plan, you know that purchasing it online can save your money and time. The following are the benefits of buying online insurance plans:
– Cost savings with a lower premium
– Calculate the amount of premium payable for desired term insurance coverage
– Easy comparison of different plans with different insurers
– Easy to purchase within a few clicks
– Simple documentation and fast processing
– Transparency
What are the benefits of online insurance?