Group Life Insurance

Group life insurance is a type of life insurance policy in which a single contract covers an entire group of people. Typically, the policyholder is an employer and the policy covers the employees.

Group life insurance is usually provided as part of an employee’s remuneration or benefit package. The employer purchasing the policy for its staff retains the master contract, while the employee’s next of kin is usually the beneficiary. Group life Insurance can also include critical illness cover if required. Once a member of staff leaves employment, cover ceases.

PWS Group has access to the leading life insurance companies and can arrange cost-effective cover worldwide.

For further information, please contact us.