Your follow me guide to Follow me for a simple guide to Sage Life Assurance Contents What is life assurance? In this follow me guide to Sage Life Assurance you’ll find out what life A safety net for your employees. assurance is all about and the benefits to you and your employees. Sage Life Assurance pays a tax-free Cover can also be extended to lump sum of up to £1.8 million in the provide a pension for a surviving unfortunate event of death during partner of up to two-thirds of the employment. The level of cover employee’s salary providing an on- Page: provided to employees is usually going income for dependants. based on a multiple of their annual 2 What is life assurance? salary. This is usually 4 times a person’s annual salary. 4 Sage Life Assurance: What is included? 5 What is the value to an employer? Tailor made for your business. When choosing life assurance you We have worked with our partner 6 Why is life assurance can select a level of cover to suit mercer-elect to use their expertise your needs. Sage Life Assurance is to secure better rates, improved important to an employee? designed to suit smaller businesses terms and dedicated administration. covering up to 100 employees by If you have an existing scheme, providing value for money. you could save money by switching 7 Sage & mercer-elect working together. to mercer-elect and the savings could be used in other areas of your business. 8 The advantages of Sage Life Assurance to you. Three quarters of employers provide group life assurance to employees* *Employee Benefits Group Risk Research 2011 1 2 Sage Life Assurance: What is included? Family members will receive a Sage Life Assurance offers all the benefits you would expect, along with value-added advantages to you, such as: financial lump sum Full access to advice and support for both employers and employees. Improved underwriting terms - less likely to have to obtain medical reports to get cover. A way to protect your Rates fixed for three years. employees’ loved ones if the unfortunate should Flexible design options to suit happen smaller businesses. Additional products and features negotiated at no extra cost. An additional benef it for Multi-product discount if taken out with employees over and Sage Income Protection. above salary 3 4 What is the value Why is life assurance important to an employer? to an employee? Attract and look after Peace of mind at work. the best people. Life assurance enables you to give By providing life assurance as a • Flexible • Financial safety net your employees peace of mind design options for employees’ loved ones knowing their family will be taken benefit in addition to salary, you care of, in the event of death during will be creating an attractive, well- - up to £1.8m employment. It offers financial rounded offering to your employees. • A benefit security to family members, with a This benefit could enhance your to sit alongside recruitment package and attract salary • 3 year fixed costs lump sum of up to £1.8 million should they have to manage without their more of the best candidates for loved ones income. your business, as well as leading to • Multi-product • Higher better staff retention. discount* free cover It is a benefit that no one wants to levels think they’ll need but it can make a If your business is a small huge difference to those left behind, partnership, all company partners something employees would value could benefit from being covered alongside salary. by Sage Life Assurance. If the worst were to happen to one of the You can also extend the cover to partners, a lump sum paid out by provide an ongoing pension for the Sage Life Assurance could then surviving partner, adding to their enable their share of the company feeling of security. to be bought out. Also, by taking out Sage Life Assurance alongside Sage Income Protection, you could save * If taken with Sage Income Protection money by receiving your cover from a single provider, as well as having all your scheme information in one place. Create a more positive work environment. Insurance without the hassle. Life assurance, offered as part of a It could also lead to a sense of In providing life assurance for mercer-elect has also negotiated remuneration package, is a way of security for your employees, safe your employees, you’ll be taking higher free cover levels, meaning telling your employees how much in the knowledge that things are away the hassle of them having to that your employees could still you value them. This feeling of covered. arrange it for themselves. qualify for cover without having to being valued could translate into go through medical tests first. better morale. 5 6 Sage and mercer-elect The advantages of working together. Sage Life Assurance to you. Tailor-made plan designed for smaller businesses covering Sage mercer-elect up to 100 employees* on their scheme. Simplified administration helping to keep form filling to a minimum mercer-elect will source the best products, compare terms and help set up a new scheme making sure you’re getting the best value for your business and employees. Competitive pricing, with premium rates fixed for 3 years. If you have an existing policy, the mercer-elect team will provide full support and organise all the arrangements to make the switching process simple. Additional benefits: Securely access your life assurance policy information, which will be stored on the online portal. This can be accessed by both employers and employees. Here to give you all the support you need. Access to a wide range of additional benefits such as personal insurance and retail product discounts that employees can choose to purchase online at no additional cost to the employer. Over 800,000 UK businesses trust With Sage Life Assurance provided the award-winning software and by mercer-elect, you’ll not only Access reports providing summaries of your employee benefits and services provided by Sage. have the benefit of Sage’s small financial information through the annual benefit register, available business knowledge, but also the through the mercer-elect online portal. mercer-elect is a leading employee mercer-elect team of experienced benefits consultancy with access to specialists on hand to offer support. Receive relevant updates on legislative responsibilities and related the best products and competitive issues from a regular e-newsletter. rates usually only available to larger organisations. *If you have more than 100 employees we can still cover your business. 7 8 Get in touch for bigger business benefits for smaller businesses Let us do the hard work for you. 0800 121 6850 www.sage.co.uk/employeebenefits firstname.lastname@example.org To find out about other me benefits download the Get in touch for bigger Your follow guide to business benefits for small businesses series of FREE eBooks. Let us do the hard work for you. 0800 121 6850 Your follow me www.sage.co.uk/employeebe nefits guide to email@example.com for a Follow me to The benefits are plain to see Our experts will Yoursee you now guide simple To find out about other me guide to follow complete Sage Income The package benefits download the Choose pensions as part of a suite Productivity Employee assitance Employees program place great their benefits. value in That’s why good idea to it’s offer pensions a Provided by Pensions with complimentary along products from series of FREE eBooks. Life our suite. From to travel income protection tion underwriting terms Uniquehealth and insurance, improved we’ve got you • Simplified and Income protection well-being services covered. to large schemes Private medical normally only available • Competitive rates insurance Follow me for Staff employee Protec Travel benef its made attendance process simple • Simplified renewal Rewards Dental for loyalty Follow me to find out about the rewards of our private medical insurance. Services both you and One, Private medicaltwo, three simple business benef insurance your staff can benefit from. made easy steps to bigger With our private medical insurance, it’s not just your employees who benefit. Our Employee Assistance We also have unique health and wellbeing services to provide a Private medical insurance is easier If you would to take out than you might imagine. toto provide reduced premiums download the Don’t forget that we’re also able like read Follow me to find more about its... wealth of information and advice. With our dedicated administration rest of ensure that you about employee benefits, to this series Program helps reduce absenteeism When you renew your scheme after do is follow team, we’re on hand to guide you out more get the best of FREE eBooks. me... possible deal. It’s all part of the you can by offering both free telephone and with you have to All service. insurance three years, we will also reward through the entire process. Our life face-to-face counselling for your you for your loyalty by providing employees. free health screening for your 0845 000 0000 policy options are flexible enough to be tailored to your business. And clear benefits employees. So you really will be our support team will always be much better off. there if you have any questions. sage.co.uk/employee-benef Follow me to take out its 6 private medical Send us your insurance today. 8 questions Issued in the United Kingdom by Mercer Limited, which and regulated by the Financial is authorised Services Authority. Sage an Introducer Appointed (UK) Limited is Representative of Mercer All information correct Limited. at time of production (September 2011). 2011 Follow me for a simple guide to Sage Life Issued in the United Kingdom by Mercer Limited, which is authorised Assurance and regulated by the Financial Services Authority. Sage (UK) Limited is 2011 an Introducer Appointed Representative of Mercer Limited. All information correct at time of production (September 2011).
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