How To Pay?

Group Life and Disability or Permanent Health Insurance

• Since the premium is paid by the employer he can choose whether they want to pay monthly, quarterly or annually.

Group Funeral scheme

• The employer has the choice of paying annually or monthly in advance. For a voluntary scheme it is usually monthly but in some instances the member has the choice of paying quarterly or annually.

Group Credit Life

• Payment is a single premium paid by the financial institution. For group mortgage the premium is paid monthly through the employer but the employer has the option of paying annually.