Group Life Assurance

Financial, emotional and practical support for an employee’s loved ones

Group Life Assurance

Pays a lump sum, or a dependants’ pension to the family of an employee who dies whilst covered by the policy. Additional emotional and practical help provided free through our range of wellbeing services.

Key documents

Group Life Assurance Client Brochure pdf 1.12 MB

Group Life Assurance and Dependants' Pensions Technical Guide pdf 1.79 MB

Group Life Assurance Employee Brochure pdf 1.68 MB

Introducing the Group Life Mastertrust pdf 1.65 MB

Customer Guide to trust, deeds and rules pdf 853.19 KB

Your Mastertrust Claim pdf 183.97 KB

Reasons to buy life insurance

Supports your duty of care

From day one, your employees have access to wellbeing services designed to keep them engaged and productive.

Reassurance for your employees

With the knowledge that their loved ones will receive financial support in the event of their death, you can help employees manage their financial worries.

Helps attract and retain great employees

Stand out from the crowd by showing that you take your employees’ wellbeing seriously.

Features and benefits

For employers

Remove the hassle of setting up and administering your own scheme with our Mastertrust for standard policies designed to pay a lump sum benefit on death.
Premiums normally qualify for tax relief.
Most employees can be covered without medical underwriting.
A wealth of resources in our Be Well Hub.
Support with communicating benefits to employees
Management information about the Employee Assistance Programme.
Wellbeing Advisory Board for expert advice about health and wellbeing issues.

For employees

Lump sum paid, usually tax-free, to their loved ones if they die whilst covered by the policy. A taxable dependants’ pension is also an option.
Access to Spark: Your digital home for health and wellbeing
Single point of access to all wellbeing services, available 24/7
24/7 in the moment support through the Employee Assistance Programme
24/7 virtual GP and advanced nurse practitioners, plus online physiotherapy
Children’s mental health support
Second medical opinion
Cancer awareness and support
Long-term condition support
Wellbeing resources – nutrition planning, wellbeing podcasts, digital gym and much more
Adult and elder care
Financial and legal helpline

Spark: the digital home for employee health and wellbeing

Spark is our all-in-one single point of access that empowers employees to take charge of their health and wellbeing– whether that be physical, mental, family, financial and legal – with a wider range of services than ever before.

For policies of three employees or more

Who can be insured?

All employees, or those that fit your predefined eligibility definitions, between the ages of 16 and 75 can normally be covered
You can choose different benefit levels for defined groups of employees

Our technical guide can help provide more details about the cover, the options, the exclusions and how claims are assessed.

How much can they be insured for?

Employees can be covered for a multiple of their earnings or a fixed lump sum up to a maximum of £10 million.
You can choose to insure all, or part of the amount paid to employees.

Is there any medical underwriting?

We can usually cover most employees without needing personal health details. However, there will be times when we need to ask employees about their health and hobbies to help us decide if we can cover them.
If you’re switching from an existing scheme to us, we can normally usually cover the employees your previous insurer had already underwritten.
We can often cover up to £1.8 million without the need for medical underwriting. The limit depends on the size of the policy and the benefit choices.

Make a claim

Get in touch about a claim as soon as possible, so we can offer support to employees straightaway. We can help them source the support they need and smooth the payment process.