Group Life Schemes (often known as Death in Service benefits) provide life insurance cover for a group of employees under one policy arranged by the employer. If an employee dies while covered by the scheme, a lump sum is paid—typically a multiple of their salary—to their nominated beneficiaries. This type of protection is an important part of an employee benefits package, helping businesses show genuine care for staff welfare while supporting families at a difficult time.

Group Life cover is also tax-efficient: premiums are generally treated as a business expense, and the payout is usually free from income tax and inheritance tax when written in trust. Employers can choose to extend the scheme to include significant illness or income protection, and policies can be tailored for different roles or salary bands. For many UK businesses, a Group Life Scheme offers a simple, cost-effective way to provide valuable protection and peace of mind for every team member.