Business Protection & Insurance

Group Life Insurance

Supporting the families behind your workforce.

Employees give their time, skills and energy to help build a business. Group Life Insurance can provide a death-in-service benefit for eligible employees, helping employers offer meaningful financial support to their families if the unexpected happens.

When you want to look after your team

  • You want to offer death-in-service cover as an employee benefit.
  • You want to protect staff and the business against long-term employee absence.
  • You are competing for skilled people and want a credible benefits package.
  • You have grown past the point where informal arrangements are enough.
Group Life Insurance

How Verion helps

We assess what cover suits the workforce and the budget, arranged with providers from our panel where offered.

We explain the difference between group life, group income protection and other business protection.

We coordinate the scheme with the firm's wider protection so nothing is duplicated or missed.

We keep the scheme under review as the business changes.

The process

  1. Understand

    We learn the workforce, the aims and the budget.

  2. Design

    We set out suitable cover and the options, where offered.

  3. Recommend

    A clear recommendation with the cost and what it delivers.

  4. Implement and review

    We put the scheme in place and review it as the business grows.

Things worth knowing

Group protection is arranged where offered and subject to our proposition and insurer panel. Availability is confirmed case by case.

Group life and group income protection cover different risks and are usually considered together.

Tax treatment for employer and employee depends on the scheme. Confirm it with your accountant.

We are not tax or legal advisers, so we work alongside yours on the structure.

Ask about group protection

A short conversation, no cost and no obligation.

Book a Conversation