Group Critical Illness

How Group Critical Illness Cover helps

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If you unexpectedly fall seriously ill, the last thing you should have to be concerned about is your finances. And when an employee falls ill, you do not want them to have unnecessary worries that may hinder their recovery and slow their return to work.

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Our Group Critical Illness Cover allows you to give your employees a lump sum of up to £500,000 or five times their annual salary if they fall ill with a critical illness. This practical support gives your team the assurance they need that they will be supported financially during a challenging time in their lives. It allows them to focus on their recovery and gets them back to work faster.

Group Critical Illness Cover is unique in that there are no restrictions on how your employees can spend their money. Your staff can spend it on a holiday that will help them to recuperate, on alterations to their home, or on private medical treatment. Members can choose to have the benefit paid out monthly, quarterly, or annually. This gives your staff the flexibility to get the support they need; in the way they need it.

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This benefit covers critical illnesses such as heart attack, cancer and stroke, and the cover can be expanded to include other conditions. Children are automatically included in a member’s scheme for up to 25% of the member’s lump sum. Spouses can be added at an additional charge, meaning the whole family can benefit from the scheme.

What makes us different to other providers?

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Finding the right insurance package and the right level of cover from the vast range of products out there can feel overwhelming, and many providers are only able to suggest which product might suit, rather than be qualified to offer proper financial advice. It does not bring the assurance that this kind of cover is meant to generate.

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Our team of Group Risk Advisors do the arduous work for you. Using your information, we research all the products available and find the one that best suits your requirements. Unlike other employee benefits providers who are only able to suggest products that may help, our Advisors are qualified to recommend the best insurance package and level of cover for your company. This removes all uncertainty for you, enabling you to deliver the assurance your team needs that they will have a financial safety net when they are at their most vulnerable.