Life Cover Features

Life Cover: features and benefits

With life cover, your business will enjoy an offering that offers a wealth of features and benefits:

Cover for all: if an employee dies life cover pays a tax-free lump sum up to £23,000 to their financial dependants. If the employee dies as a result of an accident at work or while travelling to or from work, this doubles to £46,000* (*doesn’t apply to Isle of Man residents).

Easy to claim: we handle all claims quickly, carefully and sensitively. The claimant simply contacts us within one year of death to request a claim form. Medical evidence may be required where death is preceded by incapacity. We will then pay the lump sum to the financial dependants. All payments to dependants are at the Trustees' discretion, are not automatic and do not form part of the deceased's estate.

Large payment for low cost: our life cover is affordable, providing up to £23,000 or £46,000, for a low cost to your business.

Discover how life cover will benefit your employees and apply for the product today.

 

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