Business Life Protection comes with advantages for both your company and your staff. In fact, there are a few key benefits you should be aware of:
Attract & Retain Top Talent
Offering Life Insurance as an Employee Benefit is a great way to show you value your staff and keep top performers on your team. It makes you a more competitive employer with a stronger reputation.
Help Staff Qualify For Protection
Providing a group scheme gives employees access to Life Protection which they may not otherwise have. This could be due to their health status or financial circumstances. It provides them with much-needed support and helps them feel valued.
Tax Savings
Your company can benefit from significant tax savings with Business Life Protection. These savings come in the form of national insurance and corporation tax relief.
Protect Business Continuity
Taking out Life Insurance as a form of Business Protection is an important way to safeguard your company if the worst should happen. It protects your professional legacy and gives your financial dependents a stronger future.