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Group Life

Group Term Life (GTL)

A comprehensive Group Term Life plan that provides coverage for employees of Small Medium Enterprise (SMEs) in the event of Death or Total and Permanent Disability (TPD)


Why do I need it?

  • This coverage helps you provide financial assistance to your employee during unexpected calamities.

How much should I insure?

  • You have the flexibility to choose the sum covered for your employees(s).

Additional coverage

  • For additional coverage, you have the option of purchasing the Group Hospitalisation and Surgical Takaful.


Group Term Life (GTL)

  • 24 hours, worldwide coverage
  • Death or Total and Permanent Disability (TPD) due to natural causes and accidents

Death (Due to All Causes)

  • One lump sum payment of Sum Assured Amount

Total and Permanent Disability (TPD) per life

  • Sum Assured is paid up to a maximum of RM1 million, 6 months after TPD event date
  • The balance (if any, up to RM1 million) is payable 1 year from the date of the first payment

TPD coverage expiry age

  • Any Life Assured whose age is sixty five (65) years and above on the Cover Start Date shall not be entitled to TPD coverage

TPD maximum coverage

  • Not exceeding a sum of RM2.0 million for this policy and all other credit related policy within Etiqa, if any, of the same Insured Member


For SME Business Owners

Period of Assurance

  • Yearly Coverage (rates subject to claims review)

Entry Age (age at next birthday)

  • Min: 18 years old
  • Max: 60 years old

Expiry Age (age at next birthday)

  • Max: 65 years old

Sum Assured

  • Min: 10,000
  • Max: 100,000

Minimum members to be insured

  • Minimum of 5 employees

This web page is neither a policy contract nor forming part of it. The precise benefits, terms and conditions and other details are available in the Policy Contract.

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