We offer Group Life Assurance in the unfortunate event of the death of an Active Member of the Scheme.
You can choose one of the following levels of lump sum cover from as little as £1.50 per week per employee:
- £25,000
- £50,000
- £100,000
Benefits of Group Life Assurance
- No exclusions on cause of death
- No medical underwriting
- Competitive rates
- Simple administration
- Lump sum payable to next of kin
A lump sum is paid, subject to the Scheme Rules and insurer terms and conditions. In addition, the Member’s unclaimed pension is payable to dependants/beneficiaries, within HMRC limits.
Bereavement Helpline
A bereavement helpline is available through the Scheme’s insurer. A dedicated team of trained bereavement counsellors can offer advice and support on practical and emotional issues, at home or at work. The helpline can be used by employees and also by any family members of the deceased. It is confidential and available 24 hours a day.
Useful documents
Group Life Assurance Policy Conditions
Group Life Insurance Product Summary
Group Life Assurance Technical Guide
CMT - Group Life Assurance Employer Application Form
CMT - Group Life Assurance Waiver Form
CMT - Group Life Assurance Appendix 1
If you would like to know more about Group Life Assurance please contact us.