fbpx

Group Life

For no-obligation advice on getting the right cover for you circumstances, get a free consultation with Martin, who will listen to you and get you sorted.
Whereby a company takes out benefits on behalf of its employees on group basis benefit from the spread of risk across the whole group. This is a great way of staff retention and costs a lot less than a pay rise as there are no tax or NICs to pay on the benefit, coupled with the fact that they are genuine business expenses as listed alongside remuneration it’s a double win for companies.

Group Life benefits include:

Group Death In Service: The family of the employee receive a lump sum (usually a multiple of salary) on the death of the employee.

Group Critical Illness: The employee receives a lump sum (usually a multiple of salary) on the diagnosis of a critical illness of the employee.

Group Private Medical: The employees have Private Medical Insurance allowing fast private treatment for specific medical issues they may suffer.

Group Hospital Cash Plan: The employees can claim back cash for illnesses that require hospitalisation, there are many different levels of cover which can also include dental.

That’s a fairly concise overview, please feel free to ask any questions or for more detailed info on any of them. We’re always happy to educate clients so that they can make truly informed decisions.

Book a free consultation with Martin

What our customers say

"They followed the process through all the way and their understanding of providers, risk, appetite and underwriting processes meant that we were able to achieve our goal...peace of mind."

– Ruth Badger | Ruth Badger Consultancy

"Martin can offer tax efficient routes to protect your assets, your business and your family. He is trustworthy and friendly. I would recommend him most highly."

– Graham Davies | Davies McLennon Chartered Accountants, Chartered Tax Advisers

"Martin came to see us and we were happy with the clear and precise way he explained the policies. I would have no hesitation to recommend Martin."

– Neil Roper | Fusion Furniture Solutions

Articles