Employee benefits & wellbeing programs

Group Life Assurance or ‘Death in Service’ as it is often known, pays out a lump sum (usually tax-free) to your employees’ dependents should your employee die, for any reason.

The lump-sum is usually calculated as a multiple of the employee’s salary at the time of death.

Income protection insurance provides employees with a replacement income when they cannot work for an extended period of time because of illness or injury.

This sum is worked out as a percentage of their salary (often 75% of salary) and payments will continue until either the employee is well enough to return to work or they reach the end of the payment period insured under the policy. This may be a fixed number of years or until the employee reaches retirement age. 

Simple to administer and cost-effective, it’s regarded as a core component of any successful benefits package and highly valued by employees.

Critical illness insurance provides a tax-free lump sum to any employee diagnosed with a serious, life-threatening illness.

The exact list of illnesses covered varies from provider to provider, but most are set up to cover potentially life-changing conditions such as heart attacks, cancer, strokes, or Multiple Sclerosis (MS).

Most policies will look to pay out within a month of the diagnosis for most conditions.

Private Health insurance, helps employees avoid waiting lists and be fast-tracked to diagnosis and treatment from experienced doctors and medical professionals – all in the comfortable surroundings of a private hospital.

You pay a monthly premium and the policy pays out, up to specified cover limits, for private treatment for your employees. 

The business benefits because staff can get back to prime health and work as quickly as possible. The workforce in general benefits because healthy employees don’t have to cover for co-workers who would otherwise be off sick for longer.

Virtual GP services allow your employees and their family to talk to real doctors about their health worries, either on the phone or using Skype-style webcam services.

Virtual GPs are fully qualified, experienced general practitioners who can diagnose, refer and prescribe, just the same as the family GP. They are popular with employees as they can get the medical advice they need, when they need it. 7 days a week, 365 days a year.

And they’re popular with employers because doctors’ appointments can be taken from the office or after work, minimizing employee absence.

Dental pain can put employees out of action overnight. And prolonged discomfort and anxiety around dental care can have a serious negative impact on individual performance.

Dental insurance typically covers routine check-ups, as well as the costs of a wide variety of dental work, including dental accidents and emergencies. Treatments are usually carried out at either a local dental practice or at a private clinic. 

It’s a popular benefit amongst employees and can support your talent recruitment and retention efforts.

There's a lot to consider when it comes to retirement. Not least that you are operating a compliant and well-governed scheme. And importantly, that your employees are educated and aware of their retirement benefits so they can plan for the future. 

We’re on hand to help with:

• Scheme design and implementation
• Scheme governance
• Member guidance and communications