Key takeaways
- It pays employees a tax-free lump sum on diagnosis of a serious illness.
- It pairs naturally with group life and private medical insurance.
- A genuinely valued benefit that helps you stand out as an employer.
Group critical illness cover gives your employees a tax-free lump sum if they’re diagnosed with a serious illness such as cancer, a heart attack or stroke. Where private medical insurance helps them get treated quickly, critical illness cover helps them cope financially — a powerful combination.
How it fits with your other benefits
- Group PMI gets people diagnosed and treated fast.
- Group life assurance looks after families if the worst happens.
- Group critical illness fills the gap in between — money in the employee’s pocket while they’re seriously ill but still with us.
Why employees value it
A serious diagnosis brings financial worry at the worst possible time. A lump sum lets an employee reduce hours, adapt their home, or simply not worry about the mortgage while they recover. It’s the kind of benefit people remember — and talk about.
What does it cost?
Cost depends on your team’s age profile, the level of cover and the conditions included. It’s often more affordable than employers expect, especially added alongside an existing group life or PMI scheme. As with all group cover, comparing the market keeps the price keen.
Group critical illness turns “I hope you get better soon” into practical support your people can actually feel.
ComparePMI compares group critical illness cover across a wide panel of insurers. If you decide to go ahead, we introduce you to an FCA-authorised firm who advises on it and structures it around your existing benefits. Free and no obligation. Just ask for a business comparison.
Free comparison
Compare your cover in a couple of minutes
Tell us who it’s for and we’ll do the rest.
This article is general information, not personal advice. Cover, terms and availability vary by insurer and individual circumstances. ComparePMI is the trading style of ComparePMI Limited (company no. 16755241), an independent comparison and introduction service, not tied to any insurer. We do not provide advice or arrange cover ourselves and are not FCA-regulated; we introduce you to FCA-authorised and regulated firms who provide the advice and arrange your cover.