Corporate Life Assurance

This is a life assurance policy offered to employers for the benefit of employees. It is a group term assurance policy.

The policy guarantees to pay a lump sum usually computed as multiple of salary of an employee. The benefits are paid to designated beneficiaries of the employee, where death occurs to an assured employee due to illness or accident. The salaries are declared on commencement date and thereafter on each renewal date.

Group Life Assurance is designed to enable employers to make provision for the dependants of employees who die in service. The employer is the assured (policy owner) and the employees are the lives assured. Cover ceases if the employee leaves service earlier or on normal retirement date.

The sum assured for each employee is usually expressed as a number of times the annual salary, but can also be an equal flat amount for all employees.

Head Office - Nairobi

Crawford Business Park,
2ndFloor State House Road
Tel: +254 (02)2721555 (pilot line) 
Mobile: +254 722 209 547 / 0736 381 707
24 hour Line - +254 728 760 061, +254 738 188 449
SMS: 20599

Branches

Mombasa

Mombasa Trade centre, 1st Floor
Nkurumah Road
Tel: +254 (041)2312497/2223410

Industrial Area

Vinodeep Towers, 2nd Floor
Baricho Road
Tel: +254 020 557981 / +254 020 8045186

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