What you need to know
Group term life insurance is a 24-hour worldwide insurance cover that pays you or your designated beneficiaries a benefit upon death or total and permanent disability due to any cause.
Basic coverage
PayPal provides you with group term life insurance of up to 36 times of monthly base salary, up to SGD 3,000,000.
This insurance is 100% company-paid, and you’re automatically enrolled. Coverage is for you only and does not extend to your dependants.