Employee Benefit Policies are arranged by the employers for the benefit of the employees. Various benefit policies as stated below are available for employees.
Group Life Insurance
This policy provides life insurance coverage to employees. Insurance Company will indemnify pre-agreed assured amount in the case of an Insured event. Worldwide cover is available on request for 24×7 basis under this policy.
What risks are covered?
- Death due to any cause
- Permanent Total Disability
- Permanent Partial Disability
- Temporary Total Disability
- Repatriation Expenses
Workmen Compensation Insurance
This Policy covers Legal Liability of the employer for accidental injury/death or occupational illness of the employees while in the course of employment as per Royal Decree 40/1977.
Coverage
- Capital benefit in case of death
- Medical expenses
- Permanent Total Disability
- Permanent Partial Disability
- Temporary Total Disability
- Temporary Partial Disability
- Repatriation Expenses
Group Personal Accident Insurance
This Policy provides a lump sum payment in case of accidental death or bodily injury of the Insured person. Following benefits are available under the policy.
Coverage
- Accidental Death
- Permanent Total Disability
- Permanent Partial Disability
- Accidental Medical Expenses
- Repatriation Expenses
- Worldwide Cover
Group Medical Insurance
Group Medical Insurance plan provides cover to all the members in a single policy for treatment on cashless basis. Group Medical Insurance provides cover for medical expenses (both inpatient and outpatient) incurred by your employees and their family members subject to terms and conditions of the policy.
(For full terms & conditions please refer to our policy document on the e-Takaful link).