Group Critical Illness Cover
Critical Illness Cover provides a lump sum to an employee if they are diagnosed with a serious medical condition or require a major surgical procedure so they don't have to worry about their finances on top of their health, and can use the money as they wish.
You decide what type of cover and the level of benefit you want to provide your employees. With standard and extended options - standard policies typically cover 12 to 15 health conditions and surgical procedures, while extended cover include many more conditions, offering additional coverage for more health issues.
Key Features:
- Coverage is offered either as a multiple of the employee's salary or as a set amount.
- Children are usually automatically covered.
- Employers may offer employees the option to cover their partners.
- If the employer pays the premiums, these are tax-deductible. However, employers are also liable for Class 1A National Insurance contributions on the premiums.
Secure Choice
16 City Business Centre,
Hyde Street,
Winchester,
Hampshire,
SO23 7TA
01962 896380
info@secure-choice.co.uk
Secure Choice is a trading style of The Right Retirement Plan Limited and is an appointed representative of The Right Mortgage Limited, which is authorised and regulated by the Financial Conduct Authority.
Head Office: St Johns Court, 70 St Johns Close, Knowle, Solihull, B93 0NH. Registered in England no. 13502665