Group Critical Illness
A Group Critical Illness scheme provides a lump sum benefit for members who suffer from one of a defined range of critical illnesses, and who survive for at least 14 days after the date the critical illness is diagnosed, or six months in the case of permanent total disability.
Key features and benefits:
- An inexpensive method of providing employees a much valued benefit
- Eliminates the moral dilemma should an employee become critically ill or permanently disabled whilst in your employ
- The option of spouse’s cover can also be included
- Gives both employer, employee and their dependants, financial peace of mind
What you need to consider:
The lump sum benefit is usually based on a multiple of salary.
Our team of advisors are happy to supply further information about the ‘defined range’ of critical illnesses and answer any additional questions you may need answers to, without obligation.