Question
If an individual and an employer agree to share the cost associated with purchasing a service period, does the total cost due have to be paid in one lump sum by each party?
If the cost of purchasing the nominal service period is supposed to be shared between the insured and the employer, the amount due must be agreed upon between the two parties. However, the MA'ASHI platform will automatically display the amount that each party has to pay as 50% of the total cost of purchasing the service period. The amount due can be modified by each party and will be subject to approval by the employer.
Insured: An insured individual can choose to settle his/her share of the payment through:
§a one-time payment
§An advance payment and the remaining payment due in monthly installments
Employer: An employer can only settle their share of the payment through a one-time payment.
Faq Category
Service Type
