Growing numbers of employers are seeing the importance of employee wellbeing. Organisations who utilise...
The providers in this market include household names as well others that are less well known.
Our panel represents 95% of the total market based on total lives covered.*
ProtectMyPeople brings together the leading group life insurance companies in the marketplace and helps you to compare policies, so you can make an informed decision on which one is the best for your business and your staff.
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. ProtectMyPeople lets you compare policies from leading group life insurance providers without the need to contact each one individually.
You can see prices, cover requirements and policy benefits from the providers who quote for your business all in one place. Most insurers 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 it's time to review your policy, you just need to return to ProtectMyPeople, update the details about your business and employees and in most cases, we will return new quotes to you within two working days. If an insurer can't return a quote to you that quickly, we will send them on as soon as we receive the remainder.
Some insurers on our panel will quote for employers with as few as two employees, so smaller businesses can make savings by not having to set up individual life insurance policies, which are inevitably more expensive.
We will 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 group life insurance scheme under review, and ensure you continue to get the best value for money. When it comes to reviewing your scheme, we make it as easy as possible.
Simply come back to ProtectMyPeople 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 insurers 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, or you can change to a new provider quickly and hassle free.