Death Benefit
Benefits are paid if you die as a result of an accident or illness while your employers Group cover has not expired. CFC Life will require written proof of the employee' s death in order to pay the amount or sum assured for which the employee is covered according to the terms of the policy contract signed between your employer and the Insurance Company.

The benefit your employer buys may be offered on a fixed amount of cover or based on a mutliple of your annual basic salary subject to minimum cover of Kshs five hundred thousand (500,000/-).

To make your cover more attractive we recommend attaching additional benefits such as Permanent Total Disability, Permanent Partial Disability, Accidental Death and Dismemberment at very low rates.

Naming your beneficiary
As an employee you should name an individual or individuals with interest in your continued good health to be the beneficiary(s) and update or change the named beneficiary when situations change. Usually the beneficiaries may include your spouse, children and those individuals that rely on you for financial support.

Data required to provide you with benefits and premium quotation:
In order for us to send a quotation the following information regarding the employees to be covered would be needed; names of the employees, date of birth or current age, occupation, annual salary and the multiple of salary cover required or specification of the fixed benefit amount, number and claim amounts paid during the last two years, the premiums paid over the same two year period of two years in case the employees had been covered/insured previously.

If you are interested in such an insurance policy click here.