Many employers shy away from offering group life cover for their staff, because they are concerned about the cost.
You’ll be pleased to learn that, even for a smaller firm, group life insurance can be affordable. For a relatively small premium, you can offer this very attractive employee benefit.
What is group life insurance?
Group life insurance is offered to a group – usually employees – and is generally uniform, giving the same benefits to all employees or members of the group.
What is private health insurance?
Private health insurance is also an attractive perk for employees, which is surprisingly affordable for employers. It is offered to key members of staff as part of their benefits package.
Offering health insurance in general is an excellent great way to attract and to retain staff. A recent survey has shown that on average between 65 and 70 per cent of employees say they would be more likely to stay with their current or future employers if they were offered a good benefits package, and health insurance is often top of the list.
If you would like more information about group life insurance and/or private health insurance, or to investigate the best policies for your business, please contact the Hartsfield team.