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If an employee dies while in service, Group Life cover helps employers provide support to his or her loved ones. Group Life cover is designed to give financial and practical help to employees’ dependants. Our Group Life cover can also be helpful for employees who suffer bereavement themselves.

Usually, the sums provided by Group Life cover can be treated outside an individual’s estate for inheritance tax purposes*. It’s often the case that Group Life cover payments can be paid in advance of probate, providing funds at a time when they are needed most.

• Lump sum payment. A fixed sum, or multiple of salary, is paid to the scheme trustees in the event of a death. Trust arrangements can help tax-efficient estate planning.
• Dependant / children’s pension options. In addition to a lump sum, employers can choose an option to provide a pension (based on the employee’s salary) for the deceased’s dependants and / or children.
• Added value benefits. We’ll help employee’s families, providing as much support as possible. This includes a bereavement helpline, offering advice from trained bereavement counsellors.
• Low-cost premiums. Our aims are to keep costs low and meet the needs of employers. Under current UK tax laws, premiums are usually treated as an allowable business expense.
• Flexible cover. Employers can choose the level of cover needed for employees. All our schemes include a free cover limit, under which medical underwriting is not necessary.
• Once only underwriting. Above our free cover limit, we make sure that medical underwriting takes place just once - avoiding ongoing intrusion or administration for employers and employees.

If you’d like to know more

Talk to us, we’re happy to help. Get in touch with our Group Risk Sales Support team on 0845 300 4452.

Lines are open from 9.00am - 5.00pm, Monday to Friday.

Calls to and from Aviva may be monitored and / or recorded.

* This is based on our understanding of current tax law, which may change in the future.