Is a life based policy which provides a lump sum payment to the insured employee’s dependants upon death of an employee as a result of any cause I.e. Accidental and natural illnesses (i.e. Malaria, other diseases).However the policy excludes deaths/injuries arising from intentional self injury or suicide.

The basis of cover and benefit shall be determined as follows.

Annual salary of each employee x 1 or 2 or 3 times – (depending on what the employer feels is adequate to the employee).

The insurers will require the Names, Age, sex of the employee’s.

Based on the above factors the insurers will compute a tentative premium estimate per employee based on standard rates.