The continuation of salary allows the family to maintain the quality of life they have been accustomed to. Further, the plan gives employees the peace of mind in knowing that their families will be financially secured should any misfortune occur.
The Salary Continuation Plan offers the following:
The EFU group life scheme gives employers the facility to tailor the package to their specific needs by choosing from a comprehensive range of additional benefits available. All covers are available on a 24-hours worldwide basis and covers both on-duty and off-duty risks. Even though the additional benefits are subject to some exclusions, the basic life benefit is exclusion free and shall be payable in any case. Acts of terrorism such as fire-arm, murder, assault and assassination are covered.
The benefit provides an additional indemnity in the event of accidental death.
The benefit provides for the full payment of the basic sum assured if the permanent and total disablement by accident prevents the member from following his own occupation or any other similar occupation for which he is reasonably suited by reason of education,training or experience.
The benefit provides for the full payment of the basic sum assured if the permanent and total disablement by accident prevents the member from following his occupation or any other occupation.
This benefit provides for the payment of the full sum assured if permanent disability is caused by natural causes
The basic data requirement from the employer is the list of employees showing the names, dates of birth, employee code or any other unique id and CNIC number.
In case of uniform coverage no further details are required.
In case of graded coverage linked with salaries, designation, length of service or any other variable then details of the same shall have to be provided for each employee. The information is required to calculate sums assured and will be required at each renewal date.
Timely adjustments of fluctuations (additions or deletions) can be made if the turnover of employees is communicated along with names, dates of birth, CNIC numbers and date of leaving or joining.
At EFU Life we strive to provide you excellent services and serve you beyond your expectations. Having a friendly customer service and a dedicated sales force, we ensure you of the best of our attention at all times.
We have set up stringent service standards so that we may satisfy our customers consistently