All permanent employees of an organisation can be covered, with the sum insured typically linked to salary multiples or a fixed amount defined by the employer.

In the event of the employee’s death, a lump-sum benefit is paid to the designated nominee as per the policy terms.

Yes, the policy generally covers all causes of death, including natural and accidental, except suicide within the first year or exclusions specified in the policy.

Yes, it can be structured as part of a comprehensive employee benefits program, complementing retirement or provident fund schemes.