GROUP RISK
they may face
I’d like to discuss my options.
When your employees are protected against potential financial stress, it can have a significant impact on their productivity, morale and overall wellbeing at work. One of the most effective ways to provide this protection is through employee insurance and carefully structured group risk benefits.
Group risk cover can help protect employees and their families against unexpected events such as death, disability, severe illness or loss of income, giving them greater financial security when they need it most.
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 group risk 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.
