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FPI launches offshore group protection policy

Friends Provident International has launched the Optus Group Protection policy in the Middle East today.

The policy is designed to allow employers in the region the opportunity to provide additional occupational benefits to employees.

It has been designed to compliment the Optus Group Savings scheme, which was launched last year.

Key benefits include flexible benefit levels, a choice of policy currencies and life cover of up to five times an employee’s annual salary.

Friends Provident International Middle East general manager Matt Waterfield says: “We are confident that the Optus Group Protection policy offers employers in the region the most cost effective and flexible way of providing protection benefits for their employees. Unlike some competitors’ offerings, we are able to accept applications for policies with as few as five members. There is no maximum number of members per policy.”

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