Group Life Assurance
Cost-effective life assurance for employees and their families.
Group life assurance provides a lump sum payment to the family of an employee who dies while employed by you. It is one of the most valued employee benefits and is typically very cost-effective for employers.
Key Features
- Typically pays a multiple of salary as a tax-free lump sum
- No individual underwriting required for most employees
- Premiums are an allowable business expense for corporation tax
- Benefit is usually paid free of inheritance tax via a discretionary trust
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Our first meeting is free of charge and obligation-free. We'll listen to your situation and explain how we can help — with no pressure and no jargon.