Solutions Tailored For Every Stage Of Life
Group Life Plan
Aster Life Group Plan provides financial security for employees and their families in case of death or disability. Benefits include:
- Group Life Riders:
- Critical Illness
- Personal Accident (Total Permanent & Temporary Disability)
- Medical Benefits
- Workmen’s Compensation
Group Funeral Finance Plan
Supports employers in contributing to funeral costs when an employee or their family member dies.
- Coverage includes: Employee, Spouse, Parents, and up to 6 children (under 21)
- Benefit Apportioning::
- Employee & Spouse: 100%
- Parents & Children: 50%
Credit Life Policies
Tailored for financial institutions to protect against borrower default due to death, disability, or retrenchment.
Types:
- Personal Loans
- usiness Loans (Keyman)
- Mortgages
- Hire Purchase
Embedded Products
Add-on insurance products to enhance an institution's offerings and build customer loyalty. Benefits include: Funeral Cover, Personal Accident, Retrenchment, and Hospitalization.
Special Market Plans
Designed for specific groups, with group life and welfare coverage:
- Church Welfare Assurance Plan: For churches/associations (min. 20 members). Covers family members; includes age limit and 3-month waiting period.
- Students Welfare Assurance Plan (SWAP)
- Teacher Welfare Assurance Plan
- Old Students Associations Plan (OSA)