Return to Homescreen
Team Life
Team life is a group life insurance and is an affordable, employer-sponsored life insurance plan that provides a lump-sum payout to the family of any employee who passes away during active service. With EdGO, small businesses and growing teams can now access this essential benefits digitally, flexibly, and without complex paperwork.
Because when your team feels secure, they perform better,
EdGo is backed by AIICO Insurance Plc.
Why employers choose team life
Affordable Protection for Every Team Members
Plans start from as little as N2,500/year per employee, making it easy to protect your team-even on a budget.
Support When it Matters Most
If an employee dies while covered, their family receives a lump-sum benefits (1-5x their annual salary)- helping with funeral expenses, school fees, and immediate saving cost
Easy to set up
- No medical exams no long forms. Just upload your team list, select your cover level, and go live within 48 hours
Real-Life Scenerio
Scenario 1 – Team Member Passes Unexpectedly
Ugo, a 34-year old staff member, passes away. His family receives a benefit of N3,000,000 (based on 3x his annual salary), helping them cover burial cost and keep his kids in school.
Scenario 2 – Startup Adds Protection for 10 Staffs
A growing startup wants to offer life cover to its 10-person team. For under N25,000/year, the business gives every staff member peace of mind without breaking the budget.
Scenario 3 – SME Bids for Bigger Contract
An SME includes Group Life cover as part of its staff welfare package, improving team retention and increasing credibility when bidding for bigger deals
Scenario 4 – Your child passes away
You can transfer the plan to another child. If not, your premiums are refunded in full—so your investment is not lost.
WHO CAN ENROLL?
ANY
Registered business
3 or more
Minimum of 3 employee
18-60years
Employee age range
(1x,2x,3x, etc)
Choose coverage based on salary multiples
What you get
- Death -in-Service CoverPays 1x-5x employee’s salary to next of kinGet started
- Fast PayoutsClaims processed within 7-14days(Upon complete docs)Get started
- No Medical ExamsGuaranteed cover with just a staff listGet started
- Low Headcount MinimumStart with as few as 3 employeesGet started
- Add-On OptionsInclude critical illness or disability cover if neededGet started
Your team is your greatest asset, Protect them like it
With the Team Life, you can offer real security, boost employee loyalty, and stand out as an employer who truly cares
It’s simple. It’s affordable. And it’s the right thing to do.
Note: This product is underwritten by AIICO Insurance Plc, a NAICOM licensed, leading insurer in Nigeria. The product is sold under its Group Life Assurance. Premiums are remitted directly to AIICO Insurance Plc through our payment partner, Paystack.