We understand that your organization is unique and that you need a tailor made product to suit your particular needs.

An organisation’s key to survival is its knowledge and leadership within its area. This can only be achieved through qualified and trained personnel. Attracting and retaining qualified staff is an equally enormous challenge.

Many companies have addressed this challenge by realigning their human resource management strategies to offer their employees benefit packages that present a true reflection of their value to the organisation.

At Jubilee Insurance, we understand how important it is for your organisation to retain a qualified and experienced workforce. We also understand that your organization is unique and that you need a tailor made product to suit your particular needs.

Jubilee offers your organisation three (3) group life insurance policies to cater for the well being of your staff and in turn your organisation with reduced strain on resources and a tax relief on premiums paid.

1. Group Life Assurance Cover

For our corporate clients, Jubilee’s Group Life Assurance Cover provides death in service benefits which can be augmented with funeral/last expense, permanent disability and critical illness covers.

These products all aim to reduce the financial impact of an employee, who may die, become permanently disabled or suffer a critical illness while in the active service of our corporate policyholders.

2. Group Credit Life Cover

Jubilee group credit assurance policy is designed to fulfil the borrower’s loan obligation in the event that the borrower dies or becomes disabled.

Mostly, group credit assurance is effected by the financier on the lives of the members to whom credit is being offered. Hence the financier becomes the Assured and the borrowers are the Members of the group credit scheme.

3. Group Mortgage Protection Cover

Group mortgage protection is a long-term contract meant to provide mortgage loan redemption on death or disablement of the borrower.

The sum insured per member payable on death or disablement will be the outstanding loan including interest associated with the mortgage agreement for which the borrower’s contract is effected.

This will be determined on the understanding that all repayments under the mortgage agreement that should have been paid prior to the date of death or disablement of the borrower have been paid.