EMPLOYEE BENEFITS
Protecting employees and their families from unforeseen circumstances
Discovery Group Risk aims to protect employees and their families from unforeseen circumstances while rewarding them for living healthier. With improved health, employees claim less, meaning that we can return the savings from less claims to them through improved pricing and superior benefits.
Find the right insurance for your employees and their families
Employers can choose the benefits offered and the amount of protection they want to provide to their employees. Select benefits are underpinned by Vitality, which enables employees to receive additional rewards and wellness benefits.
GLOBAL EDUCATION PROTECTOR BENEFIT
Protection for children’s education
Discovery Global Education Protector benefit is automatically included for all employees whose life cover is at least two times their annual salary. The benefit can also be extended to private schooling, depending on the employee’s Vitality status, and even to selected universities overseas.
LIFE COVER BENEFIT
Protection from financial burden for family members
Discovery Life Cover Benefit gives broader cover at a lower cost.
FUNERAL BENEFIT
Protection from financial burden for family members
Discovery Funeral Benefit can provide cover for the member only, for the member and their immediate family (up to three spouses and five children) or for their extended family (up to 10 family members).
INCOME CONTINUATION BENEFIT
Protection from the financial challenges that result from a life-changing event
Discovery Income Continuation Benefit pays a monthly amount if the employee is unable to work. It also has other value-added benefits.
CAPITAL DISABILITY AND
SEVERE ILLNESS BENEFIT
Protection from the financial challenges that result from a life-changing event
Discovery Capital Disability Benefit does not reduce (taper) over the cover period.
Discovery Severe Illness Benefit covers a broad range of impairment conditions and automatically includes cover for the employee’s children.
GROUP RETIREMENT
Powerful behavioural incentives
Discovery boosts the retirement savings employees transfer into the fund by up to 15% to encourage positive behaviour.