We offer a cost effective approach to obtaining life protection for employees. Group Employee Life assurance enables employers to provide a tax-free lump sum benefit payment to an employee's family and dependants if they should die in service. As well as encouraging staff loyalty and demonstrating a genuine care for staff welfare, provision of group life assurance also goes some way to reassuring employees that their efforts in the workplace really count. Allowable Business Expense of premiums as the cost can be offset against corporation tax with no other additional tax to pay. With staff retention and recruitment being an ever more competitive employment market, this is an attractive cost effect benefit to offer employees. We can offer flexible cover to match different salary multiples can be used for the different staff categories included on the scheme.
Group Employee Life Cover can provide a multiple of an employee’s salary or a fixed amount as a lump sum. We can search the WHOLE UK MARKET to get you quotes from all the UK lenders, plus we will complete a cost benefit analyses to insure it is in your financial best interests. If you already have cover are you paying too much? Switching an existing group risk policy is quick and easy and could have financial benefits to the business and directors.
We understand the diverse needs of Employers and Trustees in providing death benefits - both within a Group Employee Life assurance arrangement. We have both experience and local knowledge. So like most things, it is important to seek advice from an expert. Just one call, provides all the support services and advice to arranging the right finance and insurances that you need at a price that's right for you.
Due to advances in medical care, many people may consider the inclusion of critical illness cover as the likelihood of a critical illness claim significantly increases. Critical illness insurance is a benefit that can be either free standing or a "bolt on benefit". You may also consider looking at group employee medical cover for business owners, employees and often for dependants and there families.
For more specific help and to talk through you options, call our team of expert advisers today