A penny saved is a dollar earned. This may sound much easier to achieve than it actually is. In times of financial crisis, employees find it very hard to save a portion of their income that may be utilized in the future should the need arises. As an employer, you can facilitate your employees in their effort of building a financially secure future by opting for them EFU Life’s Group Savings Plan. This unique arrangement enables the employees to save regularly a fraction of their income to provide a large amount of money at maturity while enjoying insurance benefits.
With this low cost and easy to administer plan, you can provide your employees a unique package of funds management and financial security which ultimately results in long term retention and increased motivation of employees.
Salient features of the Group Savings Plan are as follows: