Group Critical Illness enables employers to provide critical illness cover for its employee's.

The cover will provide a lump sum benefit in the event of an insured employee being diagnosed and then surviving (normally up to 30 days) a critical illness that is defined under the terms of the policy, such as cancer or heart attack.  The benefits are usually based on either a multiple of salary or a lump sum that has been agreed. 

The benefits of this type of cover is that the rates are competitive compared to individuals purchasing cover for themselves.  It provides financial support during a time of rehabilitation.

Generous free cover levels are usually given allowing for often minimal or no medical underwriting and easy administration of the policy with just an annual renewal date.

The usual minimum requirement, to set up a group policy is 5 employee's.

If you would like further information then please contact us on 01858 434422.