Life

The incidence of death prior to retirement is fortunately quite low and continues to decline.

In OECD-countries average life expectancy has increased from 70 years in 1970  to approximately 82 years today, due to medical care advances and healthier lifestyles.

Statistical evidence also indicates that more than 90% of deaths are illness-related, while less than 10% are due to occupational and private life accident.

A Group Life Insurance does provide a meaningful financial safety net for the employee’s dependants in the event of premature death.

It strengthens your employer’s reputation as a responsible and caring organisation and also addresses your employer’s liability in case of occupational accident, involving one or several lives.

The insured Life benefit is generally structured either as a multiple of annual earnings or as a contractual lump sum.

A Group Life Policy involves minimal administration for insurer and employer.   

Even in the rare event of a claim, its settlement is generally uncomplicated and swift.

1. Long-Standing Policies

Despite their importance, many Group Life Policies receive insufficient attention once initially established. The absence or very limited frequency of death claims often contrasts significantly with the total volume of premiums paid over the same period.

2. Optimization Potential

A comprehensive and independent review often reveals opportunities to improve the terms and conditions of cover and pricing, without altering your collaboration with the existing insurance provider and broker.