Are you looking for group term life insurance? Zwitserleven makes it easier for you to take good care of your employees’ family. When your employee dies, Zwitserleven will pay you a lump sum. And you can pay this amount to the surviving dependant. The surviving dependant can choose what the money will be used for.
When to take out a Group term life insurance?
- You don’t have a pension scheme? In that case, the group term life insurance is a nice and advantageous opportunity to offer your employees a death benefit. The premiums for a group term life insurance are low.
- Do you have a pension scheme, but no or inadequate surviving dependants' pension? Again, this insurance offers a solution.
- Does your company already have a pension scheme at Zwitserleven? In that case, you can insure a one-off death benefit for employees with a salary above €137,800 (2023).
The group term life insurance is not a pension, but an employee insurance. Group term life insurance is comparable with, for example, group accident insurance. You do not have to deal with the tax rules and legal documents required for a pension scheme. Upon the death of your employee, we will pay you, not your employee. Therefore, we do not provide any rules or insurance certificates.For the administration of the Group term life insurance, we request a one-off cost reimbursement for preparing the administration agreement and a cost reimbursement per policy per year.
Need a quote or advice?
As a good employer, you want to choose a pension that is right for your business and for your employees. We have a wide range of options to suit every type of business. Such as an investment-based defined contribution pension scheme, possibly in conjunction with Nettopensioen. A complete overview of our products is available.
If you would like to know more about this or any of our other pension schemes, or would like to get specific advice on a pension scheme for your employees, contact an independent financial adviser. Zwitserleven has an excellent relationship with a large number of professional insurance advisers.