• Life Cover for your employees
• Up to four times salary available
• Benefits for Spouses and children

Death in service policies are life insurance policies that are often attached to a company pension scheme. An employee is covered for up to three to four times their salary and if they die in service their dependants should receive the insured sum free of tax.

It is also possible to insure a partner or spouses pension benefit, which ensures that the surviving spouse still receives a regular income on the death of the employee. Typically up to 4/9th of a salary can be insured as a pension.

This benefit is popular with both companies due to their relatively low cost and members of staff who can feel secure that their families will be looked after if they die.

Pre-existing conditions are subject to separate underwriting and that maximum limits usually apply to an individual claim.

At Forum Wealth Management, we can advise on which will be the most suitable policy for you and your employees.