Telephone: 01274 588 862 Email: info@php.co.uk
Group Life
Group Life Cover or Death in Service benefit is where on the event of an employee's death their spouse or beneficiaries will receive a lump sum or pension benefits dependent on the employee's salary.
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It encompasses benefits to both the employee offering them peace of mind with the assurance that their financial dependents will be looked after in the event of their death, whilst also demonstrating the company's concern with the wellbeing of its employees and premiums can be offset against corporation tax with no other additional tax to pay.