People’s awareness of health and wellbeing is on the increase thanks, in part, to the constant media coverage of all elements of wellness, from fitness to ill-health.
With one in four people suffering from a critical illness between the ages of 30 and 60* there has never been a better time to consider Group Critical Illness as an attractive and recognised employee benefit.
Fortunately, the chances of surviving a critical illness have never been better but survival creates its own set of challenges for employers and employees.
For employers, Group Critical Illness Insurance provides the following benefits:
- - An affordable employee benefit, cover can be put in place simply and quickly.
- - Provides part of an attractive benefits package helping to recruit and retain high calibre staff.
- - Helps minimise the pressure on the employer around how to provide financial support for those employees absent from work after suffering a critical illness.
- - Product flexibility as standard. Cover can be tailored to suit your needs and your budget.
- - Can be offered as standalone cover, or as part of your existing Voluntary or Flexible Benefits schemes.
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For employees, Group Critical Illness Insurance provides the following benefits:
- - Financial security, through a tax-free lump sum payment, when they face a critical illness.
- - Provides peace of mind in times of uncertainty and worry, helping employees and their families adjust and look forward to the future.
- - Ability to fund necessary adaptations at home such as wheelchair access or a chairlift.
- - Ability to pay for private medical treatment to facilitate a return to work.
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- Please contact us for an informal discussion or for further information.
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* Source: Datamonitor UK Health Insurance.