Group Micro Term Insurance Plan

A non-linked, non-participating, single-premium group micro term life insurance for affinity groups (cooperatives, NGOs, microfinance borrowers, etc.). Death benefit only; no maturity benefit. Coverage issued under a master policy to a nodal agency.

• Single-premium, non-participating plan
• Master policy group coverage; minimum group size 20 members
• Death benefit payable to master policy holder
• Optional funeral benefit and snakebite benefit
• At inception at least 75% of existing members must join; nodal agency must submit

• Master policy (group)
• Single premium
• Death-only cover