Group Life Assurance
These schemes provide financial support to the beneficiaries of the policy during bereavement.
Financial support is provided in the form of a tax free lump sum that is paid to the loved ones of the employee after loss of life.
These normally come as a multiple of salary.
Group Income Protection
Income protection helps to manage sickness and associated costs by providing financial support to employers.
It also helps employees to continue to work or get back to work by providing support in ensuring all is done in a safe and appropriate manner.
Group Private Medical Insurance
This provides employees with the valuable benefit of seeking medical treatment where and when they choose, with the option to extend coverage to the employees immediate family. This can help the employer if waiting times are high on the NHS in seeing the employee recover and be back to work sooner.
Group Critical Illness Cover
Group critical illness cover provides financial support to employees if they are diagnosed with an illness, or require treatment that is deemed ‘critical’ in the terms of the policy.
Financial support is provided through the payment of a lump sum designed to cover costs commonly incurred due to a critical illness.