What is Group Life Insurance?
Group Life Insurance provides money to your employees' families in the event of their death, helping to ease financial pressures in an extremely difficult time.
Financial support for your employees.
Group Life Insurance (sometimes known as Death in Service) is a great way of showing your employees you care about their financial wellbeing.
It’s your promise to them that if the worst happens you’ll provide financial support for their loved ones.
Designed to fit your company.
You can choose a tax-free* lump sum based on a multiple of your employees' salary e.g 4x salary, or, a fixed lump sum e.g. £50,000.
The choice is yours. Either way, you’ll be making a meaningful contribution to your employees’ financial wellbeing.
*benefits are ordinarily free of tax, but there may be situations where a tax charge will apply. Benefits over the deceased employee’s lifetime allowance will be subject to tax. Death benefits may be included in the assessment of whether the lifetime allowance has been exceeded
Our game-changing group life insurance features.
Take a preventative approach to employee wellbeing with Group Life Insurance that rewards your employees for healthy behaviour
- The YuLife app
- Employee rewards
- EAP support
- 24/7 virtual GP
- HR Insights
Incentivise your people.
Your employees can earn YuCoin, our wellbeing currency, for completing wellness challenges like taking a 10 minute walk or completing a 5 minute meditation session.
Find out more
Incentivise your people.
Your employees can earn YuCoin, our wellbeing currency, for completing wellness challenges like taking a 10 minute walk or completing a 5 minute meditation session.
Find out moreWe’ll give you a call.
Prices start from £4.99* per member per month
Easy-to-buy - talk to our team now.
Easy-to-run - with hassle-free digital administration.
Full access to our app, wellbeing partners and rewards.
* Depending on your industry, ages of employees, employees’ salaries and the benefits selected. For some cases, the cost might even be less.
We’ll give you a call.
Prices start from £4.99* per member per month
Easy-to-buy - talk to our team now.
Easy-to-run - with hassle-free digital administration.
Full access to our app, wellbeing partners and rewards.
* Depending on your industry, ages of employees, employees’ salaries and the benefits selected. For some cases, the cost might even be less.
So much more than just Group Life Insurance.
All insurance plans include our game-changing wellbeing app and rewards programme, plus an extensive package of preventative health benefits.
Plans are provided by AIG, one of the biggest insurance companies in the world - so you know your employees are in safe hands.