Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What is the Group Yearly Renewable Term (GYRT) insurance cover?

April 26, 2017cover group Insurance renewable term

0

Posted

What is the Group Yearly Renewable Term (GYRT) insurance cover?

1 Answer

0

Posted

The GYRT is an insurance rider that provides cash assistance for the beneficiaries. This is applicable only to packages 3 and 4 of both pension and education plans. The amount of cash assistance depends on the program.