Group Salary ContinuanceOngoing income for the employees' family when all leave entitlement has been exhausted
Group Salary Continuance (Income Protection) protects against an extended inability to work due to serious illness or injury, by providing a monthly payment. Cover is provided worldwide, 24 hours a day, 7 days a week, 365 days a year.
Policies typically cover up to 75% of the individual’s salary. We can tailor the policy to your requirements by varying the waiting period and benefit period. Common waiting periods include 30, 60, and 90 days, while benefit payments may continue for two years, five years or to age 65.