Generation Financial Services offers businesses death in service schemes in London and across the UK.
Death in service benefit
Death in service benefit pays out a lump sum to an employee’s beneficiary if they die whilst employed by your company. The payout is typically three or four times the employee’s annual wage. Alongside a corporate pension, death in service benefit is one of the most popular covers included in an employee benefits package.
As an expert in all areas of risk benefits, Generation Financial Services will advise you on the most suitable death in service scheme for your employee benefits package. We have whole of market access and are not tied to any one insurance provider.
To find out how Generation Financial Services would work with your business to develop death in service benefit schemes, click here.