Many businesses choose to take out insurance cover for their employees that pays out to the scheme trustees if an employee dies while on the company’s payroll. The trustees are responsible for forwarding the benefit to the appropriate beneficiary.
Lycetts is able to arrange competitive rates for this type of insurance and all categories of company employees are eligible. Even as a stand-alone benefit, group life assurance can offer employees and their families significant peace of mind and be an attractive addition to an employer’s benefits package.
Contact us today to take your first step to getting group life assurance set up at your company.