Build confidence, security and resilience into your Employee Benefits package
Group Risk can help protect the wellbeing and financial circumstances of your employees, their loved ones and your business should the unexpected happen. By offering a thoughtful benefits package, you can give your employees a valuable layer of security while showing that you care about their health, financial resilience and overall wellbeing.
What are Group Risk benefits?
Group Risk benefits are workplace insurance benefits that can support employees financially, practically and emotionally if they experience serious illness, injury, long-term absence or bereavement.
Attivo supports employers with a range of Group Risk options, including Group Life Assurance, Group Income Protection and Group Critical Illness Cover. The right mix will depend on your workforce, budget, culture and the level of support you want to provide.
Key Group Risk options
Group Life Assurance
Group Life Assurance, also known as Death In Service, can provide a tax-free lump sum to an employee’s beneficiaries if they die while covered by the policy. It is often seen as a core workplace benefit and can show direct consideration for employees and their loved ones.
Group Income Protection
Group Income Protection can provide employees with a replacement income if they are unable to work over the long term due to illness or injury. It may also help employers manage absence more effectively by giving employees access to structured support while they recover.
Group Critical Illness Cover
Group Critical Illness Cover can provide a tax-free cash lump sum if an employee is diagnosed with a specified serious illness or condition covered by the policy. This can give employees greater financial flexibility at a time when they may need to focus on treatment, recovery or family priorities.
Why Group Risk matters for your employees
Unexpected illness, injury or bereavement can place significant financial pressure on employees and their families. Group Risk can offer a valuable layer of security, helping employees feel more confident that financial support may be available when they need it most.
These workplace benefits can also help employees access support in practical ways, from replacement income during long-term sickness to a lump sum payment following a serious diagnosis or bereavement.
Why Group Risk matters for your business
For employers, group risk can support a positive workplace culture by showing employees that their wellbeing matters. A strong Employee Benefits package can help enhance your recruitment and retention proposition, demonstrate care for your team and support a healthier, more resilient workforce.
It can also help reduce the impact of ill health, accidents or long-term sickness on your business. By giving employees access to appropriate financial support, group risk may contribute to greater stability during difficult periods and support more effective absence management.
Helping employees understand and value their benefits
Group Risk benefits are most effective when employees know they exist, understand what they provide and feel confident about how to use them. Clear communication is essential, especially where benefits may have tax, eligibility or policy-specific considerations.
Attivo offers employee surgeries to help your team understand the value of your benefits package. These sessions give employees the chance to ask questions and talk through any concerns, including how certain benefits may work in practice or any tax implications, such as benefit-in-kind considerations.
How Attivo can help
We can help you explore what cover and support your business may need, from core Group Life Assurance, Group Income Protection through to Group Critical Illness Cover. We’ll work with you to shape a sustainable and evolving Employee Benefits package that reflects and supports your workforce, culture and helps your employees understand the value of what is available to them.
Ready to review your Group Risk benefits?
If you’re looking to protect employee wellbeing, strengthen your Employee Benefits package, attract new talent or retain existing employees, we’d be happy to help. Get in touch to discuss the group risk options that could support your people and your business.
Important information: Some services we provide, such as employee benefits advice, are not regulated activities and are therefore not covered by the FCA regulatory framework. We offer a free initial consultation to discuss your goals and next steps. If you decide to go ahead with advice, charges may apply – these will be explained before you commit.