Group Critical Illness cover

Group Critical Illness cover supports your employees when they’re diagnosed with one of the many serious illnesses covered.

It helps employers deliver financial, practical, and emotional support at a time when it’s really needed.

What is Group Critical Illness?

Group Critical Illness cover supports employees with a tax-free payment if they suffer from one of the many illnesses covered. It’s designed to ease the financial pressure that can follow the diagnosis of a serious illness. As an employer, you decide who to cover and the amount of cover available.

Key features:

  • Critical illness insurance for two or more employees
  • Choose cover in fixed amounts or multiples of salary
  • Easy to set up with simple annual accounts
  • Core illnesses covered on every policy, including cancer, heart attack and stroke
  • Option to include cover for Total Permanent Disability (TPD)

How does it work?

  • You choose who you want to cover, the amount of cover and how employees join the policy.
  • Typically aged from 16 up to 70 when the cover will cease.
  • Choose either a fixed amount or multiple of salary benefit.
  • Once your policy is set up. The insurer produces your accounts and invoice once a year using your updated employee data.
  • Premiums can be paid monthly or annually.
  • If an employee suffers from one of the illnesses covered, you should submit a claim. The claim will be reviewed, and once accepted, the benefit is paid directly to your employee.

Who can be covered?

We can cover a wide range of employees, including permanent, part-time, directors, zero-hour contract, fixed-term contract, and temporary employees.

Some insurers offer Children’s cover, whereby Employees’ children are automatically covered for free with every policy. If they’re under 18 (22 if in full-time education), they’ll be covered for 25% of the employee’s benefit, up to a maximum of £20,000.

Partner cover, where Employees’ partners can also be covered as an optional benefit. These benefits can be a multiple of the employee’s salary, or a fixed benefit. They are usually limited to £150,000 or the employee’s benefit if that’s lower.

Underwriting requirements?

Most employees can be covered with no medical underwriting as most Group Critical Illness policies apply a pre-existing conditions exclusion, and Free Cover Levels.