Group Critical Illness
Financial and emotional support for when critical illness strikes.
What Is Critical Illness Cover?
Life is full of uncertainties, and while some conditions can be managed with lifestyle changes, illnesses like cancer don’t discriminate. Critical Illness Cover provides essential financial protection for your team, offering a tax-free lump sum payment upon diagnosis of a covered condition. This support empowers them to use the funds in the way that helps most, such as covering medical expenses and household bills, making lifestyle adjustments during recovery, and offering tailored financial relief.
Key Features
- Coverage for a wide range of core critical illnesses including cancer, heart attack and stroke.
- Choose cover in fixed amounts, or multiples of your employees’ salary up to £500,000.
- Staff can choose how to spend the lump sum, for example, they can adapt their home, pay off their debts or take a recuperative holiday.
- Access to additional support services like second opinions, nursing, and counselling services.
- Coverage up to the age of 70, with no medical questions for most employees.
What Are the Benefits for You?
Attract and Retain Top Talent. Strengthen your employee benefits package and stand out by demonstrating a genuine commitment to your team’s wellbeing.
Boost Productivity. With the reassurance of financial protection, your employees can stay focused and perform at their best, free from financial stress.
Affordable Group Coverage. By choosing a Group Critical Illness policy you can often provide valuable protection at a lower cost by leveraging economies of scale.
Customisable Options. Adapt the policy to align with your workforce’s needs and your budget, ensuring the right level of coverage for everyone.
Elevate Your Business’s Reputation. Offering Critical Illness Coverage highlights your dedication to employee wellbeing, enhancing your reputation as an employer of choice and strengthening relationships with both prospective talent and clients.
Download our factsheet to discover the details of this highly valued employee benefit.
faqs
How can we help?
We want you to have the simplest, easiest experience possible when choosing the right employee benefits. But we know you might have a few questions. Read on for more information here. If you still have questions, talk to us.
How does Group Critical Illness work?
Our process starts with an initial consultation where we discover your basic requirements and key information about your business’s circumstances. We then send over a simple employee data spreadsheet that your team can populate that helps us gather pertinent data on all your employees.
Then, we do the hard work for you. We search for the Group Critical Illness Cover product that best suits your needs. You can then make the final decision, safe in the knowledge that you have the best solution for your team.
How long does critical illness cover last?
The term of the policy is either selected by the employer if it is a group scheme (often yearly renewable) or if taken out on a individual basis for the amount of time a person wants the policy to last. Many people choose to have it until their mortgage has been paid off or the children have grown up. Insurers are likely to have a maximum term for example 40 years or they may have a maximum age limit.
What's different about Bravo Benefits?
Every business and every workforce is unique. As such, we believe that your benefits package should be carefully curated to meet the needs of your staff, whilst also supporting your business’s goals. Our team scour the market, hand-picking the policies that will deliver the best return on your investment to you can present your team with a into a custom-built solution that’s perfect for them. What is more, our team will walk alongside you throughout the duration of your policy, offering administrative and technical support as needed.
Is Critical Illness a P11D Benefit?
Yes, Critical Illness Cover provided by you as an employer is generally considered a P11D benefit. This means it is treated as a taxable benefit-in-kind, and your employees may need to pay income tax on the value of the premiums paid by you. The amount is reported on the P11D form and included in your employees’ annual tax calculation.
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