employment contract
A continuation option allows you to convert your group life cover into personal cover within 60 days of leaving your employment without having to undergo medical underwriting which means that you are likely to enjoy more favourable premiums.
If you are on maternity leave, you are able to claim unemployment insurance from the UIF provided that you contributed to the fund for a period of more than four months prior to going on leave. To qualify for the
With the added advantage of being subject to group underwriting as opposed to personal underwriting, group life cover is generally more cost-effective than if you were to take out cover in your personal capacity. Group life and disability cover is
Your severance package is separate from your retrenchment benefit (retirement fund benefits) and includes the one week’s pay for every year worked and all other monies owing by your employer as a consequence of your employment. From a tax perspective,
