What the programme should address

Group life

A lump-sum benefit following an insured death.

Accidental death

Additional benefit for qualifying accidental events.

Permanent disability

Financial support after a covered disabling event.

Critical illness

Optional payment following specified diagnoses.

Risk review priorities

• Define eligibility and automatic enrolment.
• Set benefit multiples appropriate to workforce needs.
• Maintain beneficiary and payroll records.
• Coordinate local and international employees.
• Provide a clear claims-support process.

Scenarios to test

1. A new employee is not added to the insured census.
2. Salary changes are not reflected in benefits.
3. An international assignment creates a territorial gap.
4. Beneficiaries lack support during a claim.

For each scenario, identify the affected policy, trigger, deductible, sublimit, waiting period, recovery time and uninsured amount. Treat any gap as an explicit retained risk rather than an assumption.

How Kompetenz supports the placement

We translate operational and contractual information into a structured insurance submission, compare policy wording across markets and help establish a claims-ready programme with clear responsibilities.

Conclusion

Life insurance delivers value when the promise of financial protection is supported by accurate administration and compassionate claims handling.

Next step: Request a tailored Business insurance review from Kompetenz.