Ill health early retirement benefit
Protect your business from unexpected ill health early retirement payments.
Pension schemes can face large and unexpected costs when a member retires early because of ill health.
Our Ill Health Early Retirement Benefit is an insurance policy that is designed to help you de-risk, budget and plan for this unpredictable liability.
- Helps you to manage the extra cost caused by a member retiring early due to ill health.
- Offers the flexibility to choose the level of cover you need.
- Includes purpose-built tools to make it easier to set up a policy.
- Is suitable for pension schemes with at least 100 active members.
- Does not limit the number of claims you can make in a year.
- Has a clear claims process.
Find out more
Includes extra staff benefits - through our worklife solutions health and wellbeing toolkit, incorporates access to a comprehensive employee assistance programme to help deal with everyday work and personal issues.
Download our PDF file: Ill health early retirement benefit brochure PDF size: 400KB for a summary of how this policy could help you.
Download our PDF file: Ill health early retirement benefit technical guide PDF size: 773KB for details on what we can and can’t cover and how we assess claims for payment.