Group Risk Benefit
Group Risk Benefits for Employees
We can assist a company in implementing a comprehensive set of group risk benefits designed to support both employers and employees. These include:
Life Cover: Pays a lump sum to an employee's nominated beneficiaries in the event of their death, offering financial security to their loved ones.
Income Protection: Provides a monthly income to employees who are unable to work due to illness or disability, helping to maintain their standard of living.
Severe Illness Benefits: Offers financial support in the event of a diagnosed critical illness, allowing employees to focus on recovery without added financial stress.
Funeral Cover: Provides a lump sum to assist with funeral expenses, easing the financial burden on families during a difficult time.
Employers benefit from improved employee morale, loyalty, and reduced absenteeism, all while enhancing their value proposition as a caring and supportive workplace.
Employees gain peace of mind knowing that they and their families are protected against life’s uncertainties, both in the short and long term.
For further information and advice on this subject contact Nigel at ADVICEWORX ADVISORY.
