The death of a breadwinner can have a devastating effect on a family. Knowing that any dependents will be provided for, should the worst happen, can play an important role in helping you retain high-calibre employees.
Group life cover is the ideal way to provide your employees with valuable protection, as it is far more cost effective than offering individual life cover policies. If an employee dies in service, group life insurance provides a lump sum to nominated beneficiaries or a pension to your employee’s spouse or civil partner.
Through our employee benefits service, we research the entire market place, to bring you the most high-quality and cost-effective options; cover can provide four times salary for as little as 1% of payroll.
There are a few things to think about when it comes to offering life cover to your employees, such as the level of cover you want to offer and whether all employees will be given the same amount. This is why our team will work with you to fully understand your situation, and find a solution tailored to suit the requirements of both your employees and your company.