Financial Advisers (Independent) in Cambridge (Cambridgeshire)
Good employers understand the need to support their employees by providing a range of workplace benefits that provide them and their families with a sense of financial security. Visible, valuable benefits also help attract and retain talent for your business. To achieve a return on your investment in providing these benefits, you need to be sure your employees understand and appreciate the true value to them. Our approach will help achieve that.
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A good Employee Benefits package sends a positive message. Group Life Assurance provides life cover for employees under one policy which the employer owns. A cash lump sum is payable on death in service, providing financial support to an employee's family and dependants. The benefits paid are tax free in most circumstances as the policy will be held under Trust with the employer as the trustee. The level of cover provided is normally a multiple of annual salary, usually between 2 and 4 x times. Employers can also have more than one category in a policy so those with more responsibility or more senior employees can qualify for a higher level of benefit. There are a wide range of options and we can find a practical and cost effective solution for different budgets. Group Life Assurance costs less than you may think but the perceived value by employees can be significant.
Terms: Initial discussion and consultation at no charge.