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Is Life Assurance the same as Life Insurance?
Is Life Assurance the same as Life Insurance?
Updated over a week ago

Life Assurance and Life Insurance have over time become interchangeable. The group life through Kota is called Group Life Assurance and will pay a lump sum to your employees on the event of them passing away. This plan is linked to the employment contract and ceases if your employees leave or their employment is terminated.

If your employees wish to continue this cover after they have left employment, they should speak to a Financial Adviser.

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