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Megalink Insurance Brokers Ltd
 If you want to find out any tiny little detail on how you can do business better, or you need to acquire the necessary knowledge you need, to add value to your corporate concern, then you should be talking to us.

 This is what we offer:

  • GROUP LIFE ASSURANCE SCHEME

 Group Life Assurance Scheme for your Personnel as stipulated by the Pensions Reform Act 2004

 THE PENSION REFORM ACT 2004

Under section 9(3) of the Pensions Reform Act 2004, every organization with minimum of five (5) employees is mandated to put in place a Group Life Assurance Scheme with an insurance company to provide lump sum Death-In-Service benefits on death of any employee.

We therefore suggest that your establishment take necessary steps to put in place a well structured scheme to meet this requirement. The provisions of the Act apply to all Public Service establishments and private sector companies / organizations. 

 

THE SCHEME

The scheme is a yearly renewable Life Assurance cover. In the event of death of any of your staff, the underwriting firm will pay 300% of the deceased employee’s emolument to the surviving dependants. This helps to alleviate the trauma associated with loosing a breadwinner as well as help to reduce your costs to the deceased’s family through advance funding.

 

  • INDIVIDUAL LIFE POLICIES

Over the years, our list of patronage has grown. Some of our clients have come to believe in our skills because they have given us the chance; others still because we received a reference from satisfied clients.

 If your desire is to have a team that works with no other yardstick but perfection and an organization whose services are marred only by their zeal for excellence and professionalism, we enthusiastically urge you call us.