Death in Service Insurance
Death In Service Insurance is one of the most straightforward types of insurances available. If an insured person dies, an agreed amount is paid out. And if they live – then nothing is paid out – it is as simple as that! (If you’re looking for a policy with a return on investment or critical illness insurance, our advice is to go and see an Independent Financial Adviser instead!)
The type of Death In Service Insurance policy we can arrange is often linked to employment and is most frequently arranged by an employer as a condition or a ‘perk’ of employment.
For example, an employee might request as a condition of joining the employer, that she/he has a Death In Service benefit of say, two, three or four times their salary.
Furthermore, certain organisations (such as the National Joint Council (NJC) for example) stipulate specific conditions for Death In Service benefits, which employers must provide.
Often Financial Advisers can be relied upon to source policies, but as General Insurance Brokers, Prizm Solutions has access to totally different markets and can often provide highly competitive Death In Service Insurance quotations and include additional benefits such as a double payment in the event of Death by Accident.
Getting A Quote For Death In Service Insurance
In order to provide a quotation for Death In Service Insurance, all we need is a list of all employees including their dates of birth and their salary.
At Prizm we think that a one size fits all approach is just plain wrong. We are expert insurance brokers with a vast amount of experience across many different industry sectors. This means that we can tailor your individual Death In Service Insurance policy to the specific requirements you have for your company.
As society gets more litigious and businesses including small businesses, have to deal with more and more regulations it is increasing sensible for all types of company to purchase insurance. Just call us and we can advise you on Death In Service Insurance and other insurance that may be sensible for you to consider.
We are proud that we do business in an honest and ethical manner. And you will find that we are quite different from most insurance brokers. We will respond when you contact us and in almost every case we don’t take a commission from the insurance companies for placing your business with them. What we do instead is charge our clients a fee. You as the client will see that our earnings are completely transparent and you can be assured that our recommendation for your Death In Service Insurance is not in any way based on the commission offered by insurance companies. We recommend what is the best solution for you.
Death In Service Insurance – Your Questions Answered
Give us a no obligation call and we will be very happy to give you more information about Death In Service Insurance and answer your questions.
Give us a call right now on 01827 313 931 or fill in the form below and we will be in touch as soon as we possibly can.
We launched our business in 2006 and since then we have been providing expert commercial insurance advice to hundreds of businesses throughout the West Midlands and beyond. As a client or someone wishing to talk to us about any aspect of insurance you are welcome to call in and meet us as our offices in the centre of Tamworth. To see where we are take a look here.
For Death In Service Insurance or any other kind of policy please call us for all your insurance needs. You can always be assured of our expert advice and knowledge of your business sector. You can request a quotation or arrange a call back.
Would you like a quote for Death In Service Insurance?
We’re happy to give you a call back, just fill in the form below and we will be in touch as soon as we can, or give us a ring on 01827 313 931