Group Life Insurance

Dealing with unexpected events is a reality that many institutions have to deal with. Worker’s Group Life Insurance is a cost effective addition to your employee benefit package, providing a clear advantage in helping you recruit and retain the best staff.


This benefit is payable on death from illness (natural causes) or accidental. The amount payable, is either a fixed sum for all members in a category as predetermined by the employee or is determined as a multiple of the annual salary as set by the employee. The benefit is normally paid out as a lump sum to either the employee or the designated beneficiaries of the deceased employee or member. In the case of a total or permanent disability, an amount equal to the sum assured will be paid to the employee or member over a period of 36 months.

It provides a lump-sum payment in the event of partial or permanent disability of an employee while in service. The cover is based on the multiple of the salary (e.g. two, three, and four times the annual salary) or on a fixed amount. The benefits are calculated based on the continental scale of disability benefits.

Funeral Insurance Assistance aims to ensure the subscriber (employer) a lump-sum payment upon the death of an insured person occurring during the term of the contract. The sum assured is two or three times the monthly salary or a fixed amount not less than RWF 1 000 000 per person payable within 24 hours after the receipt of the death certificate.

The Sanlam Loss of Income Benefit is a guarantee which aims to protect the income of the salaried employee and offer a replacement if the employee was deprived because of prolonged disability (after six months of disability) due to accident or illness. The sum assured is 75% of the employee’s basic salary and must be paid within a period of two years.

The Sanlam Critical Illness Benefit is designed to ensure the employee or group member a payment of a lump sum agreed (e.g. 50% of death sum assured) in the event that the insured is diagnosed with critical illnesses such as cancer, kidney failure, stroke, and others.

The contribution intended for retirement aims to ensure the savings to supplement statutory retirement. This contribution is the remaining portion of the annual premium of the insured after deducting the premium relating to other cover mentioned above. This is the part that is capitalised with negotiable interest rates and advances. Redemptions can be made.

Some of the above guaranties can be selected based on your needs and your budget.


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