Group Critical
Illness Cover
Financial Security During Life’s Toughest Moments with Omny Benefits
When a serious illness strikes, financial concerns should be the last thing on your employees’ minds. With Group Critical Illness Cover from Omny Benefits, your team receives tax-free financial support upon diagnosis of a specified critical illness, empowering them to focus on recovery without additional financial stress.
This cover offers immediate financial relief for conditions such as cancer, heart attack, stroke, or multiple sclerosis. Employees can use the lump sum payment however they need—whether it’s funding treatment, adapting their home, or simply maintaining their quality of life during recovery.
At Omny Benefits, we work with trusted insurance providers to deliver tailored policies that align with your workforce’s unique needs and your organisation’s budget.
Key Benefits
- Tax-Free Lump Sum: Immediate financial support following a diagnosis of a covered illness.
- Flexible Use: Funds can be used for medical treatment, home adaptations, or daily living costs.
- Reduced Financial Stress: Alleviate financial concerns during recovery.
- Attractive Employee Benefit: Enhance your benefits package to attract and retain top talent.
- Customisable Policies: Tailored cover options to suit your business and workforce needs.
FAQs about Group Critical Illness Cover with Omny Benefits
Group Critical Illness Cover provides a tax-free lump sum payout if an employee is diagnosed with a serious illness specified in their policy. This payment offers immediate financial support, giving employees the flexibility to cover medical expenses, mortgage payments, or everyday costs while focusing on their recovery.
Coverage varies by provider, but most policies include:
- Cancer
- Heart attack
- Stroke
- Multiple sclerosis
Additional conditions such as kidney failure, major organ transplants, and Parkinson’s disease may also be covered. At Omny Benefits we’ll guide you through the policy details to ensure comprehensive coverage.
The cost depends on factors such as employee age, health status, chosen level of cover, and included illnesses. Employers can opt to fully fund the policy or share costs with employees. At Omny Benefits, we’ll compare quotes from trusted providers to secure the best coverage at a competitive price.
- Financial Security: Immediate financial support during a critical health crisis.
- Peace of Mind: Reduced stress and anxiety about financial burdens.
- Employee Wellbeing: Demonstrates genuine care for your team’s health and financial security.
- Talent Attraction & Retention: Strengthens your employee benefits package to attract and retain skilled professionals.
Selecting the right policy involves understanding your workforce demographics, budget, and benefits strategy. At Omny Benefits, we simplify this process by:
- Conducting a thorough assessment of your workforce needs.
- Recommending policies tailored to your organisation.
- Comparing quotes from leading insurers.
- Supporting you throughout implementation and ongoing administration.
