As a business, the thought of losing one of your team in the event of their death is almost inconceivable. Death in service – also known as group life insurance- is an insurance policy that financially supports your employee’s loved ones by providing them with a cash lump-sum payment.
Attract and retain the best people for your business with a meaningful employee benefit.
If you value your team, show them! It may be a more affordable benefit than you think.
Save time by effortlessly comparing quotes and policies from a range of insurance providers.
This information is based on our current understanding of current tax law legislation and HMRC practice.
Enter company details once for guaranteed death in service insurance quotes.
Comparison designed specifically for small to medium businesses.
Easy quotes comparison when your scheme rate ends after the initial guaranteed period.
We’ve been providing individual life comparison since 2001, helping 100,000s of people to find cover. Protect My People is designed to save you time and money to help you find the most cost-effective policy.
Setting up this kind of staff benefit can be time consuming. Researching different products and speaking to individual insurance companies to get quotes takes up precious working hours. Protect My People lets you compare policies from leading death in service providers without the need to contact each one individually.
We provide you with all the key features, policy benefits and prices from the providers. Most providers will come back with quotes within two working days, so you can decide which policy is right for you and get your employees on cover in a matter of days.
When your policy’s guaranteed rate is up for revision, you can easily return to Protect My People, update the details about your business and employees and in most cases, we will return new quotes to you within two working days. If a provider can't return a quote to you that quickly, we will send them on as soon as we receive the remainder.
Some providers on our panel will quote for employers with as few as 2 employees, making this accessible to small businesses. As a business owner, you may be surprised at the relatively lower cost of a group life policy per person compared to the cost of individual life insurance policies.
We will normally provide you with access to a range of different policies to choose from. Some policies will have a number of additional benefits you may want to include in the group life scheme for your employees, such as bereavement support or probate services. You will be able to compare the key features and benefits of each policy and pick one which best suits your business.
As with all business costs, we understand how important it is to keep your death in service scheme under review, and ensure you continue to get the best value for money. When it comes to the end of your scheme’s two-year guaranteed rate, we make it as easy as possible.
Simply come back to Protect My People just prior to your scheme's two-year anniversary, update the information you originally provided about your business and employees, and we will return new quotes to you within two working days. Please note, some providers may not be able to return them this quickly. In these cases, we will send them to you as soon as we receive them and will provide a final quote summary within 11 working days.
You can then decide whether your current insurance company is still providing you with a policy that meets your business's needs, whether to remain with your existing provider or switch to another, bearing in mind any staff illnesses or absences from work. Should you arrange this through Protect My People, this is all managed quickly and hassle free.