Group Triple C Plan: Premiums

The premium or contribution per employee or accompanying spouse is set out in a formal Agreement between the employer and Nordben.
 
The premium can either be: fixed, a percentage of salary, dependent on age, or any other scale acceptable to all parties.

Minimum contribution, membership and other conditions may apply.

Frequency of Premium

Group premiums are paid quarterly in advance and monthly adjustments are credited/debited on the next quarterly invoice.

Increasing, decreasing or stopping premiums

A premium for an employee can be adjusted monthly. On leaving the Plan, premiums stop on the first of the month following notification.