Should the worst happen and an employee dies, Group Life Assurance pays out a tax-free lump sum to their loved ones. This benefit would need to be paid via an appropriate Trust and the scheme registered with Her Majesty’s Revenue and Customs (HMRC).
Employee Life Insurance is a highly valued employee benefit that shows you care - and it can increase your attractiveness as an employer.
With Elect, you get negotiated rates, discounts on premiums and stability in pricing with a 3-year rate guarantee.
Our experts will guide you through the different options to match your requirements and budget.
Already have Group Life Assurance covering 10-250 employees? Complete the enquiry form and we’ll be happy to review your existing cover and offer you a new quote for free.
We are a UK based, small and medium-sized business benefits specialist. As part of the Mercer Marsh Benefits family, one of the largest employee benefits consultancy and brokerage businesses in the world, Elect provides access to global know-how and negotiation, all wrapped up in a service designed for fast-growing businesses.
Simplicity Life is a version of UNUM’s group life policy providing an affordable solution for employers who want to give a basic level of life cover to their employees. No medical underwriting forms required to complete and as a client of Mercer you will receive a 3 year rate guarantee and a free Employee Assistance Program. Fill in your employees’ age and gender to get a quote today.
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