Business
Insurance Products
Whatever your concerns surrounding protection for you, your employees or even your shareholders, we have the solutions that can give you that all-important peace of mind.
Group Private Medical Insurance
Group PMI is Private Medical Insurance for your business. It allows employees to quickly see a specialist of their choice, receive treatment at a time and place to suit them which would enable them to return to work sooner thereby minimising any disruption to your business.
Group Life Insurance
For an employer, Group Life Insurance, sometimes called “Death in Service” is an important benefit which builds trust and makes employees feel valued. In the event of an employee’s death, a cash lump sum is paid out to the employee’s family in order to help secure their future and provide financial support.
Group Income Protection
Group Income Protection is about giving peace of mind to your employees and their families. Should an employee find themselves unable to work for an extended period due to illness, they’ll receive payments to help them pay their bills until they are well enough to return to work.
Keyman Insurance
Keyman Insurance protects your company from potential damage or loss in the event of a ‘key’ person within the business suddenly become unable to work due to death or illness. A cash lump sum would be paid to your company to compensate for any loss of revenue and profit.
Shareholder Protection
Shareholder Protection is a way of protecting your company from the effects of the loss of an investor or shareholder due to sudden illness or death. Providing an immediate cash lump sum, it allows the remaining business owners to purchase the shares from the deceased’s estate, leaving them in control of the business.
Group Critical Illness Cover
Group CIC is Critical Illness Cover for your employees. Should an employee be diagnosed with life-threatening health issue, regardless of whether they can return to work or not, they receive a tax-free lump sum, enabling them to pay bills, a mortgage or buy disability equipment. It’s an inexpensive way of providing employees with a benefit they would greatly value.
Relevant Life Insurance
Relevant Life Insurance is the equivalent of Group Life Insurance but for smaller companies, typically covering single directors, where the company pays the premiums but the benefit is paid to the employee’s estate. Premiums are usually tax deductible making Relevant Life Insurance highly tax efficient whilst the premiums are not considered a ‘benefit in kind’ for the employees by HMRC.
Employee Assistance Programmes
An Employee Assistance Programme (EAP) is a specialist support service that assists your employees with any personal and/or work-related problems that may impact their performance, health (mental and physical) and emotional wellbeing.