Peak Employee Benefits Process Guide 1 | Page 14

GROUP LIFE ASSURANCE Provide your employees with valuable Group Life Assurance cover • Group rates for SMEs • Life cover up to £100,000 • No medicals • No commission Life cover provides peace of mind and a tax-free lump sum to loved ones in the event of an untimely death, helping relieve money worries at a very difficult time. When life is going well, it’s easy not to think about more difficult times. Making plans to protect your loved ones, if the worst were to happen, is hard but essential. If an employee were to die unexpectedly, the life cover you put in place for them would help ensure their family could cope financially. 14 Life cover has always been an expected and valued employee benefit as well as inexpensive to provide. It can assist in attracting and retaining talent within your business, while at the same time demonstrating your duty of care as an employer. Simplicity Life is a simple version of our Registered Group Life policy. It provides an affordable solution for employers who want to give a basic level of life cover to their employees for the first time.