Group Life Scheme
Nestlife Group Life Schemes are aimed at offering customers security with respect to insured individuals not being able to be occupationally active. What this means is that in the event that an employee is permanently or temporarily disabled, preventing them from continuing in their job and earning an income – as a Group Life Scheme member – they are paid out a lump sum relative to their current annual income. This ensures that our clients are covered for any unforeseen events, both operationally and personally. These insurance products cover from disability to dread disease.
- Temporary Disability
….In the event that an employee is temporarily incapacitated and is unable to attend their work duties fora prolonged ….amount of time, the temporary disability plan will payout to the employee and beneficiaries, for the period that ….they are unable to work.
- Permanent Disability
….Where an employee is unable to continue their occupational duties, for whatever reason, the permanent disability ….plan will payout the employee and beneficiaries, even in the unfortunate event that this permanent disability results ….in death.