Group death in service

To what degree should employers feel resposible to their employees and their employees families.

A Death in service policy is the very least that employers can do, to ensure that the families of those who are a part of their organisation are looked after if the worst happens
whilst employed by them.

A highly valued, inexpensive & tax-efficient staff benefit, providing a lump sum,
a pension or both to dependents if an employee dies in service.

The following tax relief is available:

• Employers – corporation tax relief
• Employees – income tax relief, and a lump sum free of inheritance tax should a claim be made