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Group critical illness is experiencing rapid growth as a group risk-benefit and can serve as a complementary addition to sick pay and private medical insurance.
Group critical illness is an employer-initiated policy that pays a tax-free lump sum to an employee upon diagnosis of a severe medical condition or when undergoing a specified surgical procedure.
Group critical illness is an employer-initiated policy that pays a tax-free lump sum to an employee upon diagnosis of a severe medical condition or when undergoing a specified surgical procedure.
Group critical illness can be a valuable employee benefit, helping to attract and retain top talent.
Group critical illness is often more cost-effective than individual policies, making it an affordable option for SMEs.
The premiums paid by the business are often considered an allowable business expense, providing tax relief.
Group critical illness provides financial security and peace of mind to employees in the event of a critical illness diagnosis.
If you have a question or would like any further information, message us now!
Edgemont Financial Services Limited / Registered in England and Wales No: 11327586.
Edgemont Financial Services Limited is directly authorised and regulated by the Financial Conduct Authority. Edgemont Financial Services Limited is entered on the FCA Register (www.fca.org.uk/register) under reference 842215.
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