Madison Money Market Fund: Daily Yield: 8.97% Effective Annual Yield: 9.38%
Here at Madison, we believe in teamwork and collaboration – which is why we’ve tailored products for your employees as a collective.
This is an annual policy that provides a death-in-service benefit to your employees or to members of a registered group. A death-in-service benefit simply, is a cover that your company would offer in the event of an employee’s death while still in employment.
The cover also pays in the event of disability due to an accident or critical illness.
This cover requires a minimum of 10 members.
- Total and Permanent Disability
- Critical Illness
- Last Expense (in the event of death which will cater to funeral costs and medical bills)
- Dependents’ last expense (as named in your contract)