This is a Group Life Scheme catering for 10 or more Members, it offers protection against loss of life from Natural causes Only as the main benefit.
Download our brochure for Life Extension below.
What is Life Extension ?
Given the nature of cover enshrined in both workers compensation and group personal accident, compensation is only provided at the occurrence of death resulting from an accident only. This renders a gap in that death from illness/sickness is excluded. It is for this reason that Prudential Uganda designed a group life extension plan as an expansion to the existing WC/GPA policies to bridge the gap. The plan pays out a lump sum in the event of death of an employee from natural causes only.
Life Extension Benefits
Covers groups of 10 Members and above.
Covers Various Risks
A member is covered for various risks such as loss of life from all causes, Critical Illness, Permanent Total Disability and Hospital admission.
Autonomy Over Scheme Members
Additional members can be added or removed from the scheme as required by the client
Cover and premiums are annual
Key features of Life Policy – Life Extension Features
Documents Required to apply for the policy?
General Life Insurance Frequently Asked Questions
Email Address or Telephone Number
Name of Organization/Sacco
Number of Members for Cover
Average age of the group
A Filled in Group Life Proposal form, by a company official representative
A schedule of lives indicating:
Full Names of all members to be covered
Dates of Birth for each member
Desired level of cover (1 or up to 5 years’ Earnings)
Proof of premium payment
Yes, this could happen during onboarding of clients incase a member needs to be covered beyond the Free Cover Limit (a fixed maximum benefit given to members in a specific group life scheme) or a prospect that has an existing condition. Prudential refers this category of clients to a Doctor for the relevant examinations with Prudential paying the bill.