Employers can offer Relevant Life Cover as an employee benefit to their staff.
This type of policy insures employees against death-in-service or diagnosis of a terminal illness.
If the worst was to happen, then their family would receive a lump sum.
We are whole of market insurance brokers so can therefore provide you with the best possible insurance options. Once we know your budget we can propose a tailormade solution. Call us today so we can discuss your requirements.
It’s never an easy situation if this cover is activated. However, a Relevant Life Insurance policy is only designed to safeguard the employees’ family, not the employer. To protect the business, we would recommend taking out Key Person Insurance (Key Man Insurance). They are complementary insurance policies.
With both policies in place you will be able to focus on the business. It will give you the security of knowing that if the worst was to happen, the payouts will make life more comfortable for everybody.
Improve your staff retention and recruitment package today by offering Relevant Life Cover. Find out more by calling our insurance team to discuss your options.
We offer a range of other business insurance policies. Every company is different depending on their number of employees, nature of the service or products and many other factors.
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At Bradgate FS we aim to make choosing and applying for a mortgage, protection, or insurance as stress-free as possible.