This provides financial protection and security for dependants, in the unfortunate event of the death of one of your staff.
The benefit amount can be based on a percentage of your staff member’s gross annual salary, or it can be a fixed amount.
Cover for accidental death and dismemberment (AD&D) and terminal illness is also available with life cover.
Accidental Death provides a lump sum to the dependants in the event of a staff member’s death due to an accident, whereas Accidental Dismemberment provides the staff member with a lump sum if they lose a limb/limb function as a result of an accident. The benefit payment is calculated as a factor of your staff member’s gross annual salary.
These benefits can be bought together or separately in addition to life cover.
This provides greater financial security for a member of staff who is unable to perform their occupation following an accident or illness.
Groups can choose from either Short and Long Term, or Temporary and Permanent disability: