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Group Insurance Scheme (GIS/GSLI) Icon

Group Insurance Scheme

The Group Insurance Scheme (GIS), also known as the Group Saving Linked-Insurance (GSLI), is the most low-cost Group Life Insurance plan for the government, corporate, organisations, private firms, employees and armed forces.

For example, for a Sum Assured of Nu 200,000, a member/employee eligible for GIS/GSLI has to pay only Nu 200 per month. Similarly, an employee availing the scheme for a Sum Assured of Nu 400,000 will only have to pay Nu 400 per month.

BENEFITS
Protection Icon

Protection

Disability Benefit Icon

Disability Benefit

Tax Rebate Icon

Tax Rebate

Sum Assured plus accumulated savings Icon

Sum Assured plus accumulated savings

Eligibility Page default image
Eligibility
  • Company, Organisation, Institution & Private Firms
  • Eligibility Age: 18 – 70 years
  • Sum Assured: Nu 50,000 – Nu 500,000
BENEFITS Page default image
Benefits
  • Risk Coverage – Death Benefit/Total Permanent Disability of Sum Assured plus Accumulated Savings @8% per annum
  • Accumulated Savings @8% per annum upon separation from the service
  • 100% Tax Refund
Registration Checklist Registration Forms claim Checklist Claim Forms

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