Prévoyance en entreprise
Assurance vie collective
Un capital, généralement un multiple du salaire, versé au décès d'un salarié en activité — la garantie que les salariés n'imaginent jamais utiliser et dont leurs familles se souviennent toujours.
Centre-ville de Dublin
À qui il s'adresse
Employeurs et trustees du régime
Ce qu'il fait
- Régimes enregistrés et exemptés
- Plafond de garantie sans formalités, en dessous duquel aucune justification médicale individuelle n'est exigée
- Option de pension de réversion en complément du capital
- Accompagnement au deuil et assistance téléphonique sur la succession inclus
Le produit en détail
Group life is the benefit employees never expect to use and their families always remember. A lump sum, usually a multiple of salary, is paid when someone dies in service — and because it is a group arrangement, the great majority of the membership is covered without a single medical question being asked.
That last point is the free cover limit, and it is the feature brokers should lead on. The insurer sets a level of individual benefit below which no medical evidence is required; on a typical scheme that covers everyone except a handful of senior people whose salary multiple takes them above it. Those few are underwritten individually, and until they are, cover is generally provided up to the limit rather than not at all.
Registered and excepted arrangements are both available, and they are not interchangeable — the choice affects how the benefit is treated and who it can be paid to, and it belongs with the employer’s own advisers. A dependant’s pension can sit alongside the lump sum where the employer wants an income as well as capital.
Two services come with the policy rather than being sold beside it: bereavement counselling for the family, and a probate helpline. They are used far more often than the benefit itself is claimed, which is a fair description of what group cover really provides.
Documentation
La documentation produit est remise aux intermédiaires accrédités. Demandez-la à votre souscripteur, ou demandez-la via le formulaire de demande.
- Conditions du contratSur demande
- Modèle de données du régimeSur demande
- Lettre d'information aux affiliésSur demande
Comment cela fonctionne
Ce qui se passe, dans l'ordre
De la première demande jusqu'à la mise en place de la garantie, du contrat ou de la ligne.
The employer supplies scheme data
Membership, dates of birth, salaries and the benefit basis, on the scheme data template. The quality of this file decides the quality of the rate.
A rate and a free cover limit are quoted
The rate applies to the total sum assured; the free cover limit is the individual benefit below which no medical evidence is needed.
Members above the limit are underwritten individually
A small number on most schemes. Cover is generally available up to the free cover limit while that is in progress.
The scheme goes on risk, with a two-year rate guarantee
So the employer knows the cost for two renewals rather than one.
Claims are paid to the trustees or under the arrangement
With bereavement counselling and the probate helpline available to the family from the moment the death is notified.
Les chiffres
Un exemple chiffré
Des calculs donnés à titre indicatif, pour que la structure du produit se voie plutôt qu'elle se décrive. Rien ici n'est une offre ni une projection.
A 120-member scheme at four times salary
Illustrative figures for a mid-sized employer. Group rates are quoted on the scheme’s own data, so this is a shape rather than a price.
- Affiliés
- 120
- Total annual payroll
- £5,400,000
- Benefit basis
- 4× salary
- Total sum assured
- £21,600,000
- Illustrative rate
- 0.35% of sum assured
- Illustrative annual premium
- £75,600
- Illustrative cost per member per year
- £630
- Free cover limit set at quotation
- £600,000
- Members requiring individual medical evidenceThose whose salary × 4 exceeds £600,000
- 4
- Garantie de taux
- 2 years
Illustrative and not a quotation. The rate depends on the age profile, the occupations, the location of the membership and the claims history, and it is quoted on the scheme’s own data file.
What a free cover limit means for the membership
The illustrative 120-member scheme above, split by whether medical evidence is needed.
Members in the scheme
120
- Covered with no medical evidence116 · 97%Individual benefit below the £600,000 free cover limit
- Individually underwritten4 · 3%Above the limit — cover generally available up to it meanwhile
Voir ces chiffres sous forme de tableau
| Montant | Part | |
|---|---|---|
| Covered with no medical evidence — Individual benefit below the £600,000 free cover limit | 116 | 96.7% |
| Individually underwritten — Above the limit — cover generally available up to it meanwhile | 4 | 3.3% |
| Members in the scheme | 120 | 100% |
Adéquation
Où Assurance vie collective trouve sa place
Les cas auxquels il répond, ceux auxquels il ne répond pas, et ce qu'un souscripteur demande avant de tarifer.
C'est la bonne réponse lorsque
- Employers from three members upwards who want a death-in-service benefit.
- Schemes that want most of the membership covered without medical evidence.
- Employers who want a bereavement service for families, not only a payment.
Il faut regarder ailleurs lorsque
- Cover for absence rather than death — that is Group Income Protection.
- A benefit paid on diagnosis — that is Group Critical Illness.
Ce qu'il nous faut pour tarifer
- 1.The completed scheme data template: membership, dates of birth, salaries.
- 2.The benefit basis, and whether the arrangement is registered or excepted.
- 3.Existing scheme details and claims history, if the scheme is transferring.
Questions
Ce que les courtiers nous demandent sur ce produit
What happens to a member above the free cover limit before underwriting completes?
Cover is generally provided up to the free cover limit in the meantime, rather than being withheld entirely. The exact position is set out in the policy conditions and is worth confirming for any scheme with several senior members.
Registered or excepted — which?
It changes how the benefit is treated and who it can be paid to. It is a decision for the employer and their own advisers; both arrangements are available and we do not push either.
Does the rate change if the membership changes?
The rate is guaranteed for two years. The premium moves with the sum assured, so joiners, leavers and salary reviews change what is paid even while the rate is fixed.
Demander des informations
Interrogez-nous sur Assurance vie collective
Le formulaire parvient à un souscripteur à Dublin. Si vous êtes intermédiaire, dites-le et nous l'orienterons vers le bureau courtiers.