Setting up a group life insurance can be a good idea (it's normally part of a pension), and if you have key staff with health issues it can be a way to give them insurance they'd otherwise not purchase.
Single Relevant Life
Stand alone Life Cover for key employees
Group Critical Illness
Staff can be provided with a lump sum payment (usually equal to two years salary) if they get a serious, but not immediately fatal, listed illness (e.g. some forms of heart attack, stroke and cancer).
Contact us to discuss how we can provide tailored advice to meet your company's requirements.
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