Insurance

UAP Old Mutual: SME Life Pack

Posted 4 months ago

Description

SME LIFE PACK is a valuable and an affordable life cover developed to guarantee continuity of SME businesses. It safeguards the lives of the business owners and their employees against unexpected eventualities such as untimely death, total permanent disability and critical illness. This product further offers hospital cash back of UGX 100,000 per night upon admission of the insured. What's Included? Life Cover: this policy will pay out a minimum total payout of UGX 3M and maximum of up to 100M per life in case of death resulting from either natural or accidental occurrences Hospital cash reimbursement: the policy offers cash back of UGX 100,000 per night up to a total of 18 nights annually upon admission of the beneficiary School fees: guarantees a lump sum payment of 20% of the Life Cover to benefit pre-named child/children in case of death of staff member Funeral benefit: UAP-OM will offer 20% of the Life Cover benefit (UGX 3,000,000) lump sum cash payout to be used for funeral expenses.

Funding Procedure

Below is what we will need for signing up a customer: A photocopy of the license or registration certificate A list of lives or members to be insured indicating their names, age Sample quotation

Contacts

Email: uapuganda@uap-group.com or CallCentreUIC@uap-group.com Tel: +256 414 332700 or Toll free line: 0800132700

ADDITIONAL FMC INFO

SME Life Pack also offers the following: Critical Illness Cover: The insurer will payout 30% of the life benefit (UGX 3,000,000) in case of any illnesses. They include; Cancer, Coronary Artery (Bypass) grafts with surgery to divide the breastbone, heart attack (Myocardial Infarction), kidney failure requiring dialysis, major organ transplant, Multiple Sclerosis with persisting symptoms, paralysis (total and irreversible loss of use of two or more limbs), stroke, prolong coma arising from sickness, aorta graft surgery for disease, heart valve replacement or repair with surgery to divide the breastbone, brain tumour etc.