Group Life
The death of an employee can have significant financial consequences for the surviving family members. As most households depend on a stable income, the sudden loss of earnings can make everyday life difficult. A group life insurance policy ensures that a lump sum is paid to the beneficiaries in the event of death, regardless of whether it is caused by accident or illness. The insurance provides a valuable supplement to a pension scheme and offers a simple solution that creates meaningful financial security for your employees’ families.
- For companies with at least five employees, renewed annually
- Mandatory for all eligible employees
- Sum insured set individually by the company, uniform or tailored per employee group
- Premium based on age, sex, and occupation, adjusted annually
- Coverage valid while the scheme is in force, during employment, and until state pension age
- Sum insured does not reduce over time
- Coverage up to DKK 2,500,000 with higher limits available for larger clients
- Entry criteria require the employer to complete an application form
Downloads
Here you can find and download more information about this product.
Underwriting Team