A Death in Service policy will give employees peace of mind, knowing that if they pass-away their families and dependants will receive a tax-free lump sum to cover their financial commitments. As these policies are not treated as benefit in kind, no tax is charged to the employees and fit in nicely with a company’s health and well-being strategy.
This policy is the core part of most employee benefit packages and is highly sought after by employees. These can be greatly tailored to match all companies and can provide great assurance for members loved ones.
We can provide your employees with…
- Cost effective group plans offering a range of options from lump sum pay-outs to multiples of salaries.
- Counselling support to families in the event of a claim.
- Peace of mind that their loved ones are supported.