A critical illness scheme can be invaluable to your employees. If they develop a serious condition things can get difficult, but a lump sum payment gives them and their families the flexibility to deal with the ups and downs of a period of stress and worry.
Critical illness cover is designed to ease the financial pressure on an employee that can follow the diagnosis of a serious illness. Being diagnosed with a critical illness is stressful enough in itself, so this benefit ensures they do not have financial worries as well.
The benefit usually comes with wider support, such as a Second Medical Opinion Service or a Personal Nurse Service. Mattioli Woods can assist you in implementing the most appropriate level of cover as well as ensuring the employer and employee are aware of, and make full use of, the benefit available to them.