BENEFITS THAT PROVIDE FOR DEATHLife InsuranceLife Insurance (also called Death in Service) pays a tax-free lump sum if an employee dies, to provide support for the people who depend on them financially (like their partner or children). It's often calculated as a certain number of times their salary, so if they earned £25,000 and had a '4 times salary' policy, their dependants would get £100,000.Advisers: Request a Group Life Insurance quote
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