Insurance Products:
Experience Comprehensive Coverage
Life can be unpredictable. Are you ready for the unexpected?
Sudden shifts and emerging risks can put even the most prepared insurers to the test.
At Sphere Risk Management, we understand the need for adaptable, comprehensive solutions in today’s fast-paced world. Our insurance products are designed to provide your clients with reliable, all-encompassing coverage, keeping you prepared for whatever comes next.
Explore our range of products designed to support your business today:
Death Benefit
Death Benefit is the cornerstone of life insurance. If an insured employee passes away, this benefit pays their beneficiaries. It helps families cover essential expenses, maintain their lifestyle, and reduce financial strain during a difficult time.
Rider Death Benefits (Optional Add-Ons)
Sometimes, standard life insurance may not cover all the employee’s needs. That’s why we offer extra Rider Death Benefits. These add-ons offer more options to meet different needs at an additional cost. Employees can customize their policies to match their personal situations. Some popular rider options include:
- Top-Up Death Benefit: Increase the coverage amount for extra financial security.
- Commuter Benefit: Protection for accidents that happen during commuting.
- Grocery Benefit: A portion of the funds is set aside for household essentials.
- Tombstone Benefit: Covers the cost of a tombstone to honour a loved one.
Accidental Death Benefit
Life can change in the blink of an eye, and accidents can have devastating consequences. The Accidental Death Benefit provides an extra payout to beneficiaries if the insured passes away from an accident. This can help cover unexpected costs and provide added financial security.
Funeral Benefit
Funerals can be expensive and stressful for families. The Funeral Benefit covers funeral costs, so the employee’s family won’t have to worry about this expense during a time of grief. This lets them focus on remembering their loved one without extra financial stress.
Critical Illness Benefit
A critical illness can be life-changing, both emotionally and financially. The Critical Illness Benefit provides financial help if the insured is diagnosed with a serious condition like cancer, heart disease, or stroke. It pays a lump sum that can be used for medical bills, treatments, or everyday expenses, allowing the employee to focus on recovery.
Disability Benefits (Lump Sum or Income)
In the unfortunate event that an employee becomes disabled due to illness or injury, our Disability Benefits provide the necessary financial support. These benefits can be given as either a one-time payment or regular income, helping them adjust to a new lifestyle.
Medical Expense Benefit
Medical bills can pile up fast, especially with a serious injury. The Medical Expense Benefit helps cover treatment costs, hospital stays, and rehab. Whether it’s a minor injury or a major health issue, this benefit ensures the employee gets the care they need without the stress of high medical bills.
Worker’s Compensation Compliant Solutions
Workplace injuries can be costly. Our Worker’s Compensation Compliant Solutions ensure businesses meet legal requirements while providing employees with compensation for work-related injuries. This keeps employees supported while protecting businesses from legal and financial risks.
Shield Your Tomorrow Today
In a world of constant change, staying prepared isn’t just an option—it’s essential. At SRM, we’re committed to empowering your business with the resilient, comprehensive products it needs to thrive in any situation.
Our solutions aren’t just about protection; they’re about building a foundation for confidence and growth.
Don’t leave your clients’ security to chance. Explore our range of options today, and let’s create a future where you’re ready for whatever comes next. Connect with us now to take the first step toward stronger, smarter coverage.
