001. How can I enroll for Salary Protection Insurance Scheme?
Ans.
Kindly subscribe from our website,
CLICK HERE by filling the Expression of Interest form and our representative will get in touch with you.
002. Is there age limit for signing up for this policy?
Ans.
You must be 18 years and above to apply for this scheme
003. I am a student; can I enroll for this policy?
Ans.
Everyone is eligible to apply for this scheme as long as you are in a full time employment
004. Is there salary limit for enrollee of loss of SPIS?
Ans.
Yes. The limit varies from industry to industry. Please, call our hot-line to know the minimum salary currently applicable to your industry
005. I am self-employed; can I sign up for this Insurance Policy?
Ans.
No, the scheme covers only permanent employees in a paid employment
006. How will my monthly premium be paid or deducted from my account?
Ans.
You will be provided a mandate form that will enable us to debit your account on an agreed date of every month.
007. How flexible is premium payment? Can I pay my premium on weekly, monthly quarterly bi-annually or on yearly basis?
Ans.
For convenience, we advise our subscriber (the insured) to do a monthly payment. However, the scheme is flexible for any other payment arrangement that is convenient for the insured.
008. Is there a discount in premium if we sign up as a group?
Ans.
This is an individual scheme. Group discount is also applicable but subject to terms and conditions of group policy on the scheme.
009. Why is my premium different from my colleague earning the same salary?
Ans.
Your job history and job profile, among others, are some of the factors considered in premium calculations.
010. What information is required in order to process my claim?
Ans.
For you to have a claim, you must have been a member with a log-in ID. Please, log-in into your account and follow the instruction.
011. What happens when SALARY PROTECTION INSURANCE SCHEME (SPIS) receives my claim submission/form?
Ans.
Our team begins your claim payment process immediately. Status of your claims can be viewed from your account
012. What if my claim has been declined and I do not agree with the decision?
Ans.
You may re-present your complaint to our Claims Complaint Committee (CCC) by sending an email detailing your complaint to spis@sainsuranceng.com
013. How and when are payments made once the claim is approved?
Ans.
Claims are paid as a direct credit into your bank account on the 25th day of every month, or the next working day, if the date falls on a weekend or a public holiday.
014. When will SPIS stop paying loss of employment benefits?
Ans.
The payment will be stopped once you have another job or at the end of the 24th month, whichever comes first
015. On what condition(s) will SPIS not pay a claim?
Ans.
SPIS will not pay claim when you willingly resign from your job, retire or terminated as a result of fraud.
016. What happens after I apply but I later decide not to continue with the scheme?
Ans.
SPIS provides a 30-day grace period of free-look window where an individual can opt out of the scheme without any penalty.
017. How do I know if my application has been received?
Ans.
Our team begins your claim payment process immediately. Status of your claims can be viewed from your account
018. What can I do if I am experiencing technical difficulties on the website?
Ans.
As much as we have worked at eliminating our domain downtime, if you experience any such technical challenge, kindly call our technical department on 08097666888
019. What happens if an active subscriber dies while still in employment?
Ans.
The Insurance Scheme policy covers for only Job loss, but if death occurs during the benefit paying period then the next of kin is paid the death benefit.
020. After benefiting from this scheme and I get a new job, can I still continue on this scheme?
Ans.
Yes, you can. You will be advised on the new premium for your new job.
"For a safety net, shock absorber or cushions for the harsh effect of a sudden loss of job think SALARY PROTECTION INSURANCE SCHEME (SPIS)" Once again, Thank You for Choosing SALARY PROTECTION INSURANCE SCHEME (SPIS). We’re proud to be at your service