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Life Insurance: Life Assurance Basic CoverIn the event of the death of an employee by any cause, the Company will pay a lumpsum benefit of the amount of the sum assured to the insured for the family and dependents of the employee.Sum AssuredThe sum assured can be a fixed amount based on the designation of the employee within his company or it could also be a multiple of the basic monthly salary (usually 12, 24 or 36 months)N.B. Group Life Assurance may be taken combined with Personal Accident Insurance as Group Life and Personal Accident. ALSO IN LIFE INSURANCE Personal Accident Insurance |
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