
Group risk plans provide
important protection to businesses and valuable benefits to
employees. We offer group life, critical illness and income
protection to you and your employees.
Group life
assurance is designed to provide much needed reassurance
at a difficult time. By providing a lump sum and/or pension to an
employee's family and dependants, an employer can help support them
through what is inevitably an emotionally stressful time.
Bereavement counselling, a probate helpline and BusinessCare can be
included.
Group critical
illness provides a tax-free lump sum payment if an
employee is diagnosed with a condition covered by the policy and
survives a set period of time. The diagnosis of a serious illness,
such as cancer or heart disease, is a devastating event for
thousands of people every year. Canada Life can provide both
financial and emotional support in the event of a life-changing
illness.
Group income
protection provides a proportion of salary for an employee
off work due to illness or injury. Canada Life works in partnership
with our customers. As well as the financial support, they provide
employers with access to market-leading rehabilitation services
from the earliest stages of absence to help employees return to
work.
Our partner Canada Life has over
40 years' experience in the UK group risk market, covers over 2.7
million lives (as at September 2015), pays out 99.8% of all group
life assurance claims and is the largest provider of group life
assurance in the UK.