Support Employee Wellbeing Through Loss with Group Life and Legacy
Group Life and Legacy provides insurance cover to support with the finances when an employee passes away, and helps to create meaningful arrangements for loved ones and the bereaved.
Group Life and Legacy is the other side of life insurance
It’s there for people in life, and for families in grief, providing insurance cover that pays out when someone passes away, alongside dedicated support and tools to help people plan and manage their legacy.
A third of employees will have experienced bereavement in the last 2 years, and most will be unaware of employers’ bereavement offerings, causing stress and frustration at a time of grief.
Traditional Life Insurance does not meet the needs of the bereaved.
Too often they are left adrift, trying to manage work, grief and adjusting to a new life without the support they need to recover well. That’s where Group Life and Legacy comes in.
Benefits of Group Life and Legacy
A caring culture is highly valued
Caring for loved ones and families is of high importance to working people1
Motivate and attract talent
Employers that foster a sense of belonging drive greater trust and productivity 2
Give people tools to plan for their future
Give your clients’ employees tools to better plan their futures for themselves and their families
Help people and businesses recover faster
Supporting bereaved employees helps them feel more confident about their futures, aiding their recovery after grief
How it all comes together
We’ve built our Group Life and Legacy proposition to meet the challenges that employers and employees are facing by providing comprehensive cover and tools that support people throughout their lives, and when they need it most.
Here’s what your clients will get:
- Comprehensive Group Life cover that pays a multiple of salary when an employee passes away
- Access to wellbeing, health, financial and legal services
- Online will writing service that helps employees to create wills and estate documents, including mirror wills, living wills and power of attorney
- Secure cloud-based digital vault for storing personal information
- Immediate support to arrange funeral services from a trained funeral adviser
- Timely support for the bereaved when their loved one passes away
- Fast access to GP appointments and counselling where clinically appropriate
- Support with on-boarding, embedding and toolkits for employee engagement
Helping employees plan their legacy
We give employees the ability to plan their legacy, providing peace of mind for their future and the future of their loved ones.
Our tools help employees create and store important documents that can be released to key individuals when they pass away. This includes an online will writer, along with a guide to highlight key will writing considerations, with 24/7, 365 support, and a cloud-based secure digital vault, with up-to 100GB storage.
Peace of mind at a time of loss
When an employee or their loved ones go through loss, grief can often be made worse by the mounting stress of managing the funeral, pressure around costs and making the right decision for the deceased.
Our funeral adviser service empowers the family to make well-thought out decisions through the whole funeral process. Employees can access bereavement and probate counselling to help them through loss.
Everything you need to get a quote and arrange cover for your Group Life clients
To request a quotation for a Group Life (including Flexible Benefits), please email ebnewbusiness@metlife.uk.com and include the details requested below.
To get a Group Life quote from us, we will need the following information:
- Company name
- Location
- Nature of business
- Overseas travel
- Is the company currently insured?
- Claims and medical underwriting information/history (past 5 years)
- Details of any members who have been off sick for more than 90 days within the last 12 months
- Policy design, which should include the following:
- Benefit basis
- Termination age
- Membership data, which should include the following:
- Employee names/identifiers
- Category identifiers (where there is more than 1 category)
- Dates of birth
- Gender
- Occupation
- Workplace postcode
- Salary
You can receive quotes in minutes* for Group Life schemes between 3-499 members with our 24/7 online quote portal, Accelerate.
Best rates first time and apply online to go on risk. Please register your interest by emailing ebportal@metlife.com.
* There may be instances where an Underwriter decision is required. If so, our standard turnaround time is 3 working days.
If your client would like to accept a quote, follow the steps below to arrange cover.
Confirm the quote you are accepting and send this over to our in-house sales team via email at ebnewbusiness@metlife.uk.com, who will be able to place the policy on risk subject to the caveats being answered on the quotation.
Please provide the following if known:
- Start date
- Will the client be using the MetLife Master Trust (Registered Group Life policy only)?
- Payment method (Cheque, Standing Order, Direct Debit etc)?
- Payment frequency (annual, monthly etc)?
- Will the payment be made by the insured company?
- Annual review Date?
- Confirmation that the assumptions are correct?
Once we have the above confirmed we can then proceed with placing the policy on risk. Please note, in order to place a policy on risk, we will require all caveats to be confirmed in writing, (email is acceptable) by 3pm the day prior to inception.
At this stage you will be sent the proposal form and Master Trust form (if required) by your Account Manager or a member of the sales support team. The completed proposal form can follow within 30 days of the policy’s inception date.
Once you have confirmed the quotation that your client would like to go on risk with, our sales team will process the request and confirm when the policy is active. The invoice and accounts will follow in due course.
If any members need medical underwriting we will let you know so that a Health Questionnaire can be completed.
1. The employer should complete the initial policy details.
2. The member should complete questions about their lifestyle and medical history.
The MetLife Master Trust helps reduce administration and cost for your client. All employers wishing to insure lump sum death benefits for their staff with a MetLife Registered Group Life policy can choose to participate in the MetLife Master Trust.
All they need to do is sign a Deed of Participation which is included at the end of the proposal form.