Group Life, Disability and Dread Disease Range

Metropolitan's Life, Disability and Dread Disease Cover ensures that employers are able to provide protective cover for their employees. The range of cover offers employers and retirement funds a wide choice of benefits backed by superior administration support, and offers employees peace of mind and sufficient cover when it is needed most.

Group Life Assurance
Metropolitan's Group Life Assurance product provides for the payment of a lump sum benefit to a member's dependants on his/her death. The death benefit is generally based on a multiple of the member's annual salary. The benefit is paid as a lump sum.

Employees must be in full-time active service and under normal retirement age. Cover ceases on age 70, earlier normal retirement age or on resignation from the scheme.

Disability Benefits
Metropolitan Employee Benefits' disability benefits include Capital Disability, Temporary Total Disability, Income Continuation Benefit (ICB) and Enabler (ICB with Managed Rehabilitation).

Capital Disability
Capital Disability benefits are an extension of Group Life Assurance. While Group Life Assurance compensates dependants of the member for the loss of income due to death of the member, disability insurance provides coverage on the same principle in respect of disability.

The benefit will generally be defined as a multiple of salary (not greater than 5 times), and will be subject to a certain maximum. The benefit reduces by 20% per annum over the last five years prior to normal retirement date. A ten-year reduction period is also available.

Benefits are paid after a six-month waiting period to allow for accurate assessment, and are payable either in a lump sum or in monthly instalments over five to ten years, per the scheme rules.

Temporary Total Disability
Temporary Total Disability is an income continuation disability benefit that pays a member a regular monthly income in lieu of earnings during a member's temporary and total disablement.

The definition of disability is crucial in the design of the benefit as it determines the validity of the claim. In practice, Metropolitan applies the following two occupational definitions:

• Own or suited occupation: the member is continuously and totally prevented by illness or injury to perform his or her own occupation or another suitable occupation for which the member could become qualified by his/her knowledge, training, status and abilities.
• Own occupation: the member is continuously and totally prevented by illness or injury to perform his or her own occupation.

Dread Disease Benefit
Metropolitan' s Dread Disease Benefit is an accelerated payment of the Group Life Assurance Benefit. It provides for a lump sum that will be paid to a member if he or she is diagnosed as suffering from a listed Dread Disease. The Dread Disease Benefit is designed to assist with the payment of expensive medical treatment that is required in order for a member to survive or to be rehabilitated from a dread disease.

The benefit is based on a multiple of the member's annual salary subject to a maximum benefit as stipulated in the policy contract.

For more information contact us on
+268 2409-0285/+268 2409-0227
or mail us at: info@metropolitan.co.sz