Life Cover and Health Protection

PIPS offers a range of life cover and health protection plans to supplement its pension scheme arrangements.

Operating through a centralised trust PIPS has a flexible group risk scheme enabling employers to provide life cover and health protection for their employees. 

The scheme operates from a self option menu whereby employers can build from a range of additional employee benefits.

Life cover or death-in-service schemes are normally calculated by a multiple of salary ie. 3 times an employees annual salary.

Employers can create personalised schemes by combining death-in-service with PHI benefits into a packaged arrangement.

PHI replaces an employees income if they are off work through ill health and normally offers protection up to retirement age.        

Please call our freephone 0800 132100 if you wish to discuss your requirements for group risk protection.