Why choose Discovery Life Group Risk
Value added group risk insurance for your employees and their families
Discovery Life Group Risk extends the Discovery core purpose of making people healthier and enhancing and protecting their lives to the workplace. Our products are aimed at protecting any company’s most valuable asset – their employees. With our employee benefits package you will be in a position where you attract better quality employees and it will help you to retain them.
Some facts and figures about Discovery Life Group Risk
- We are the fastest growing group risk insurer in South Africa today with an average year-on-year growth of close to 40%.
- 1 000 corporate clients and almost 200 000 members are currently covered by Discovery Life Group Risk.
It’s sustainable, affordable and adds value
Our approach is about value and meeting the real needs of members at an affordable and sustainable cost. Through sophisticated risk analysis we price risk correctly. By integrating your employees’ Discovery Health and Vitality benefits, we can also underwrite risks more accurately.
Adding value to employers and employees
Discovery Life Group Risk is built around service excellence and relevant, value-adding benefits that meet your needs. Compare us with standard industry offerings.
| Benefit | Industry standard | Discovery Life Group Risk |
|---|---|---|
| On death | A lump sum benefit equal to a multiple of salary |
|
| On disability | An monthly payment equal to 75% of monthly salary |
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| Capital disability |
|
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| Severe illness | Defined events |
|
| Living benefits | None |
|
