Life - Articles - TRUST|Pensions to offer group life cover from Canada Life


TRUST|Pensions, the automatic enrolment workplace pension master trust for SMEs, is to offer optional group life cover provided by Canada Life’s Simply CLASS service.

     
  1.   Automatic enrolment is a requirement for over 1 million small businesses in the next few years
  2.  
  3.   The group life proposition is purpose built for small businesses with 2 to 50 employees
  4.  
  5.   Straightforward quote and set up by business advisers within 5 minutes
 The service has been purpose built for business advisers servicing small businesses with 2 to 50 employees, requires no details on employee medical forms, employee locations or job descriptions and can be set up online in under 5 minutes.
 In addition to providing 24/7 life cover, Simply CLASS offers a bereavement counselling and probate helpline for all employees.
 This makes it easier for business advisers to get a broader range of benefits in place for small businesses alongside the automatic enrolment obligations.
  
 Griselda Williams, Head of Business Development, TRUST|Pensions
 "We are delighted to partner with best of breed providers to provide a broader suite of benefits to employers. Automatic Enrolment is driving fresh thinking about how employers can do the best for their employees. We want to help make those choices easier and more accessible."
  
 Paul Avis, Canada Life
 “We believe that we have a tremendous opportunity to engage with over one million business owners on how best to support their employees. Our aim is to make life really easy, both for advisers to sell and employers to buy Group Life Assurance alongside the auto-enrolment pension. We are delighted to work with TRUST|Pensions to create a broader benefits proposition for small businesses.”
  

Back to Index


Similar News to this Story

IPT receipts hit over GBP1 billion in November 2024
According to this morning’s HMRC data, Insurance Premium Tax (IPT) receipts reached £1.2 billion in November 2024, bringing the eight-month 2024/25 to
Healthy life expectancy data hint at post pandemic recovery
New figures published last week by ONS show Healthy Life Expectancy for younger age groups is lower than a decade ago although older ages have seen a
Treatments through PMI hit record in first half of the year
Over seven in 10 of all private health treatments are now being funded via PMI. Record H1 in 2024 for PMI-funded health admissions as employers expand

Site Search

Exact   Any  

Latest Actuarial Jobs

Actuarial Login

Email
Password
 Jobseeker    Client
Reminder Logon

APA Sponsors

Actuarial Jobs & News Feeds

Jobs RSS News RSS

WikiActuary

Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.