Group Life Insurance Package for Small Businesses

Bespoke Group life Insurance package from 2 to 30 employees

Group life insurance is widely known as ‘Death in Service’ and is one of the most highly-valued employee benefits that you can offer employees. It enables employers to provide a lump sum payment to an employee’s family, children or any chosen beneficiaries if the employee dies.

Benefits are normally based on the employee’s earnings (for example, 4 x annual salary) and can be tailored to meet the employer’s specific needs and those of their staff.

The group life insurance package offers a wide range of benefits including:

• Protection from just 2 employees
• higher levels of cover are available without the need to provide any evidence of health
• 3 year rate guarantee and a unit rate from 5 lives – so you can control costs
• You may be eligible for bespoke savings
• Group life assurance is one of the most cost-effective employee benefits available to employers
• Your premium payments are usually eligible for corporation tax relief
   
• Access to WeCare:
  • providing 24/7 access to a virtual GP
  • mental health support
  • range of wellbeing services available to all employees and their family members

             More about WeCare