Group Life Assurance
The Group Life Assurance policy provides essential life cover for members of a group under a single plan. It is designed to offer financial support to beneficiaries in the event of the policyholder’s death, whether by natural causes or accident, with no geographic restrictions.
This plan offers worldwide coverage, ensuring members are protected wherever they are. It is structured as a single premium policy providing one-year life assurance, making it a flexible and affordable solution for employee groups, associations, or cooperatives seeking collective protection.
Insurance benefits
- Worldwide life cover without geographic limitations
- Covers death from both natural and accidental causes
- Single premium with one-year term assurance
- No waiting period before benefit payout
✔️ Covers death only — either natural or accidental
✔️ Pays out a lump sum benefit to the beneficiary
✔️ Ensures dependents are financially supported
Eligibility includes individuals from 18 to 65 years of age. The plan is ideal for:
✔️ Entry age starts at 18 years
✔️ Maximum entry age is 65 years
✔️ Suitable for members of groups, associations, and corporate entities
Immediately. There’s no waiting period — once the premium is paid and the policy is active, members are covered without delay.
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info@chilife.com
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Plot 33D Bishop Aboyade Cole Street, Victoria Island, Lagos
