of employees rate group life insurance in their top three employee benefits
working people suffer from a work-related illness such as stress, or stroke
of all households would feel a negative financial impact within 1 month after the death of the primary wage earner
Group Life Insurance is a death in service benefit. This is either a lump sum paid to beneficiaries, a taxable pension paid to the employee’s dependants, or a combination of the two.
Group Life Insurance also happens to be one of the most highly-valued employee benefits around.
With Group Life Insurance, you can reduce a bereaved family’s stress both emotionally and financially by having a policy in place. While not many businesses will expect a death in the workplace, it can happen. As an employer, you need to consider how to manage that situation both pragmatically and emotionally to best support the wider team.
We are experienced health insurance specialists dedicated to giving you fair and honest advice. Working with the UK’s leading health insurance providers, we’ll give you the information you need to find the right cover.
Employees place more value on health cash plans than on life insurance. These schemes are a simple, low-cost benefit that can add real value.
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