Group Life Insurance
Group Critical Illness
Group Income Protection
Group Health Cover
Key Man Insurance
 

Group Critical Illness Cover

Critical illness cover is normally designed to pay a lump sum should one of your employees be diagnosed with a terminal illness. The monies that they receive can relieve the financial stress associated with such a radical change in their life and may be used to pay for specialist equipment or to fund private treatment.

No one likes to consider that they may one day suffer from an incurable disease, but the consequences of not insuring against critical illness can be disastrous for your employee and their family should they not have any contingencies in place. Even employees with no dependents may still require some level of cover to assist financially should they have debts that need to be paid, such as a mortgage on their home.

If you would like to look into acquiring critical illness cover for your employees then please email us at corporatepsd@faramond.com. Our Group Relationship Managers will help you to assess the appropriate level of cover for your organisation.
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