Prepare the Future for
Your Customers and Employees
Group life insurance encompasses coverage provided to a group, such as employees within your company. It is a key component of a comprehensive employee benefits package, offering a range of insurance products tailored to the group’s needs.
At JICO, we can help build your corporate insurance contract to include attractive benefits for your employees while also customizing it to meet your every need and propel your business toward success.
Choose from a range of benefits to shape your dream plan and set your company apart from the competition. Live larger than life with JICO ….
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Employee
Looking for the best life insurance packages for your valued employees? Look no further than JICO.
Rest assured, our main concern at JICO is the welfare of your esteemed workforce. Together we’ll design a perfect plan that ensures quality, affordable, and reliable benefits.
Get Quotation Today!
Business Owner
As a business owner, you’re always looking for the best coverage at the best value.
Our plans give you the support your firm needs. So, whether your business is small, medium, or large, JICO has you covered.
Get Quotation Today!
Bank Officer
As a bank, you handle thousands of loans every month. Securing the best life insurance deal to cover your customers is vital to sustaining a successful business.
Get Quotation Today!Term Life for Companies
A Financial Safety Net for Your Team
At JICO, we understand the importance of being prepared for the unexpected for employers and employees. Our group life insurance plans offer financial protection and security for dependents in the unfortunate event of death or passing.
Our flexible plan allows you to choose the benefit amount, whether a fixed sum or a percentage of your employee’s salary. In effect, JICO’s group life insurance gives you peace of mind knowing that help and support are always available when needed.
Our corporate term life plan covers you in the case of the following:
• Death due to any cause
• Accidental death
• Permanent total disability due to accident and/or sickness
• Permanent partial disability due to accident and/or sickness
• Passive war risk and terrorism in case of death or disability
• Medical expenses due to an accident
- The benefits of a business term life policy include:
- Basic death
- A lump sum payment is given to beneficiaries in the event of the employee’s death due to any cause, anywhere in the world.
- Flexible lump-sum payments
- The amount is determined either by a multiple of an employee’s salary, a set amount identical for all employees, or an amount that varies according to job titles.
- Add-on benefits, including advance lump-sum payment in the event of:
- Critical illness
- Disabilities
- Accidental death
- Passive war risk
- Medical expenses due to accidents
- Workers’ compensation
- Efficient payment of claims
- There is a processing facility dedicated to claims, ensuring prompt payment to employees and providers.
Credit Life Coverage for Banks A Financial Lifeline for Your Customers
If your customers face difficulties meeting their financial obligations due to an accident or illness, JICO has you covered. For example, we can assume the risks of your leasing contracts, loans, mortgage loans, and credit card liabilities on your behalf.
Our credit term for banks plan covers you in the case of the following:
- Death due to any cause
- Accidental death
- Disabilities (PTD & PPDP due to accident & sickness)
The benefits of our credit term for banks plan include:
- Outstanding loan amount
Group Insurance Age Eligibility Criteria
- Minimum Age – 18
- Maximum Age of Entry – 64
Building Trust
A Life Insurance You Can Rely On
At JICO, we understand and value the importance of building and maintaining trust between employers and employees. We believe in empowering your workforce to excel in their roles, no matter where their assignments take them.
We’re All in This Together
Life insurance provides peace of mind for an employee concerned about their family’s financial security in the event of his or her death. With JICO’s group life insurance, there’s an additional financial safety net for employees’ survivors in case of accidental death or illness.
Refine and Design for Their Needs And Your Bottom Line
Corporate insurance goes beyond an optional perk; it’s worth considering for employers and employees. By offering group life insurance, you can benefit from lower rates compared to individual insurance policies. This presents a golden opportunity to provide your valued workforce with financial security and peace of mind.
Clients Review
Rand Al Sakka
Customer
Very prompt response to my initial enquiry – extremely helpful and professional staff.
They gave me the most suited package for me and for my 3 children
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Khalid Abu Al Hija
Customer
My family left Saudi Arabia this summer. It was not easy being this far away from them.
Ahmad from JICO really helped me pick the best possible package!
Mariam Taha
Customer
I’ve never had to waite inline at a pharmacy and I’ve always been able to secure my monthly dosage with
My Chronic medications are delivered to the pharmacy each month right on time
Rand Al Sakka
Customer
Very prompt response to my initial enquiry – extremely helpful and professional staff.
They gave me the most suited package for me and for my 3 children
Khalid Abu Al Hija
Customer
My family left Saudi Arabia this summer. It was not easy being this far away from them.
Ahmad from JICO really helped me pick the best possible package!
Mariam Taha
Customer
I’ve never had to waite inline at a pharmacy and I’ve always been able to secure my monthly dosage with
My Chronic medications are delivered to the pharmacy each month right on time
FAQ Section
Questions mostly asked by our customers with answers to
help you better understand our insurance.
What is Accidental Dismemberment Benefit?
This benefit provides a lump sum to the insured employee in the event of a loss of limb or limb function as a result of an accident, when the dismemberment has taken place within 365 days of the accident.
What is Accidental Death
In the unfortunate event of the insured employee’s death due to an accident, this benefit provides an additional lump sum to beneficiaries, when the death has taken place within 365 days of the accident.
What is considered a Short Term Disability?
This cover provides financial security for up to two years to an insured employee who is unable to perform the material and substantial duties of their role as a result of an accident or illness.
What is considered a Long Term Disability?
The important role your organisation fulfils relies on the health and wellbeing of your employees. We’re here to provide that peace of mind.
What is considered a Permanent Disability?
If an insured employee becomes permanently disabled (partially or totally) as a result of an accident or illness, this benefit will provide financial security.