Company or Group Life Insurance

A group and company wide life insurance is often known as a Death in service protection paying either a lump sum or multiple of annual income if the employee was to pass away or diagnosed with a terminal illness.

The company would pay for this solution as part of the employment offering, therefore is proven to retain and attract great employees – in turn pushing down training costs!

This solution is a taxable expense so can be offset against corporation tax too. We have found this a great product to support companies and due to its method of application it does Not look at the health or smoking status of each and every employee only age and gender!

For more information on how you group life insurance can compliment the employment package, helping staff and the HR process of your company please get in touch.