Giving your employees financial stability for their families when they need it most.
Death benefit is viewed as one of the most important benefits you can offer your employees. By introducing death benefit, you're giving them peace of mind that, should the worst happen, their family would be looked after.
Some of the benefits of offering death benefit through Welplan are:
Death benefit, whatever the cause
There are no hidden exclusions, no medicals are necessary. Welplan schemes offer death benefit whatever the cause of death, whether or not it is work related
Flexible levels of cover
You specify the type of cover you want to offer to your employees, for as many different work groups as you require. Death benefit can be a multiple of earnings or a lump sum payment. You choose what's best for your business and your employees
Benefits paid in over 99% of cases
Because benefits are held under trust, the Trustees will always aim to pay out benefits
Flexible and bespoke
Death benefit or death-in-service as it is sometimes known, can be provided either as a stand-alone benefit for your workforce, or as part of a package of employee benefits from Welplan