Group Critical Illness Cover

Why choose Legal & General?

• Legal & General is one of the market leaders in the group critical illness cover market
• Our expertise was recognised when we won the Group Critical Illness provider award at the Cover Excellence Awards 2007 and 2008.

How it works

• We can pay a lump sum benefit for an employee who suffers and meets the definition of one of the specified critical conditions.
• We can provide cover for employers with a group of 50 or more employees
• Cover can cost from as little as 1% of payroll. The employer can offset the cost of the premiums against profits for tax purposes.
• The employer chooses the level of cover. Normally this will be based on a multiple of salary or a fixed amount. Our maximum is the lesser of four times earnings and £500,000.
• We include free cover for children. For an extra cost, cover can be included for the employee’s spouse or registered civil partner.
• The policy gives you the flexibility you need. All employees could be included, or all employees within a stated category or group, for example, all managers and admin staff.
• Benefits paid to employees won’t be subject to income tax. Premiums paid by the employer will be treated as a ‘benefit in kind’ for employees earning  (including the value of all benefits in kind) more than £8,500 a year.
• We’ll normally cover benefit up to a certain amount (the free limit) without the need for employees to provide any medical evidence. Employees with benefit above the free limit will normally need to fill in a Member’s Declaration form before we can provide full cover.

What next?

• Contact details
• Request a quote
• For information on making a claim for benefit go to Benefits Management.

Key documents

• Group Critical Illness Cover (W8851) (pdf - 374 KB)
• Proposal for Group Critical Illness Cover (W6758) (pdf - 165 KB)
• Direct Debit Mandate (W7880) (pdf - 189 KB)
• Application for Cover - Discretionary Entrant (W1783) (pdf - 48 KB)
• Tele Interview Contact Sheet (pdf - 204 KB)