GROUP LIFE ASSURANCE (GLA)

The Group Life Assurance cover is an insurance policy designed to cover groups of employees for a lump sum benefit payment on death of a member. The minimum Lump sum benefit payable may be 1x annual salary per member or a defined benefit as agreed by the employer.

BENEFITS
  • Offers PEACE OF MIND to the employer and employees
  • Cover commences immediately and no waiting period is applicable.
  • The solution saves the company resources in the unforeseen occurrence of death of an employee
  • The solution also accommodates RIDER BENEFITS, such as funeral benefit cover extension to spouses etc.
  • The policy comes with Flexible premium payment options – depending on affordability
  • Claims are settled with 48 hours of receipt of full documentation
ELIGIBILITY
  • Clients must have a business banking account with Standard Chartered Bank Zambia
  • The client must have at least 15 employees

*Terms and Conditions apply.

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Speaking Up

Standard Chartered Bank (the “Bank”) is committed to maintaining a culture of the highest ethics and integrity, and in compliance with all applicable law, regulation and internal policy. As part of this commitment, the Bank has a ‘Speaking Up’ programme through which genuine concerns in this regard can be raised. Members of the public can securely raise Speaking Up concerns through this hyperlink, which is hosted on behalf of the Bank by a third party ‘InTouch’. Examples of concerns that can be raised through this website are concerns that relate to accounting, internal accounting controls or auditing matters and concerns relating to bribery or banking and financial crime. Concerns received will be forwarded to the Bank’s investigations team for review. Complaints relating to SCB banking services should not be raised through this site in the first instance, but through the SCB branch network, contact centres, Relationship Managers or the ‘Contact Us’ webpage.

Disclaimer

Please note that this hyperlink will bring to you to another website on the Internet, which is operated by InTouch, an independent company appointed by the Bank to support its Speaking Up programme. Please be mindful that when you click on the link and open a new window in your browser, you will be subject to the additional terms of use of the website that you are going to visit.

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