When your employees are protected against potential financial stress, this can have a massive impact on their productivity at work and improve their morale. A good way to do this is through employee insurance. But as an employer, you’ll want to have the right cover at the right price for the right circumstances. At Cornerstone, we’ll give you peace of mind that your insurance policies are well managed by a reputable firm that has extensive experience as a broking firm.
At Cornerstone, we can help you with the following group risk benefits:
Lump Sum Death Benefit:
Death can be an expensive, unexpected event. This product pays a lump sum to beneficiaries after the employee passes away. In this way, your employee’s family and beneficiaries are given essential financial protection in their time of greatest financial need.
Income Protection:
Income protection ensures employees continue to receive a portion of their salary if they are unable to work due to illness or injury. This benefit provides vital financial support, helping them cover living expenses and maintain stability during recovery.
Riskflex Benefit:
This benefit provides flexible coverage, allowing employees to decide if they want to increase or decrease their level of coverage depending on their personal circumstances. With this product, you will choose the default multiple for the lump sum death benefit.
Funeral Cover Benefit:
This policy helps employees and their families if a member passes away, and can be added as a benefit or taken out in an employee’s personal capacity. It pays out a lump sum to help with the immediate expenses of the funeral, but can also extend to assist with other costs associated with it. The optional income booster benefit pays a small monthly amount to the employee’s family for a limited period to help with short-term needs.
Help your employees prepare for risk by having the right insurance in place.
