Life Insurance Overview UK
We can help you plan for life’s uncertainties.
Leave your legacy – not your liabilities. Feel better knowing you and your family have a sound enough financial cushion if something unexpected happens to you, permanently cutting off your income.
Your Group Life Insurance benefits equals 4 times your eligible base pay through Generali. This is not treated as a benefit in kind, therefore you will not pay the tax on the value of your policy.
Your Group Income Protection (GIP) provides you and your family peace of mind should you find yourself unable to work due to long-term illness or injury. The GIP ensures that you still receive an income of 60% of Salary less state benefits each month . It also offers you additional medical support to help you get back on your feet again and return back to work quicker.
When you enroll in your health benefits on the BenefitsHub, you should also register your beneficiary for your life insurance. In the event you pass away while in service, your beneficiary would receive a lump sum payment.