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Life Assurance
Providing a death benefit in the event of a member’s death in service before attainment or retirement age, in accordance with the benefits specified in the Policy.
Group Pension scheme
A long-term investment, established by an employer, whose principal objective is to provide its employees with a decent and reliable income in retirement.
Individual Pension Plan
A long-term investment, established by an individual, whose principal objective is to provide himself/herself with a decent and reliable income in retirement.
Group Last Expense
Providing a lumpsum to cater for funeral expenses in the event of a member’s death, in accordance with the benefits specified in the Policy.