CompanyPMI

Corporate CI cover

Group Critical Illness Cover

A tax-free lump sum paid to an employee on diagnosis of a serious illness. Financial flexibility when they need it most — arranged whole-of-market.

What it is

A lump sum when an employee is diagnosed with a serious illness.

Group Critical Illness Cover pays a defined lump sum directly to an employee if they are diagnosed with one of a list of specified serious conditions — including cancer, heart attack, stroke, and many others. Unlike income protection, which replaces income over time, critical illness cover provides an immediate cash sum that the employee can use however they choose.

This flexibility is what makes it so valuable. The lump sum might be used to pay off a mortgage, fund home adaptations, cover the cost of private treatment not available on the NHS, or simply provide financial breathing space during recovery.

Critical illness cover works well alongside group income protection — while income protection replaces salary over time, critical illness addresses the immediate financial shock of a serious diagnosis. Together, they provide comprehensive protection for your employees.

Who it's for

A valued addition to any benefits package.

Group critical illness can be arranged for businesses with as few as five employees and is available for selected employees or the whole workforce. The benefit level is usually set as a fixed sum or a multiple of salary.

  • Businesses looking to complement existing income protection with a lump-sum benefit
  • Companies building a premium employee benefits package for senior staff or the whole workforce
  • Employers that want to provide a meaningful benefit at a controlled cost
  • Businesses where employees in physically or mentally demanding roles face elevated risk
  • HR teams looking to differentiate their offering in a competitive hiring market

Why use a broker

Conditions covered vary — a broker makes sure you're getting the right policy.

Not all critical illness policies cover the same conditions. The number of conditions covered, the definitions used, and any restrictions or exclusions differ significantly between insurers. A policy that looks cheaper may cover fewer conditions or apply tighter definitions — reducing the likelihood of a successful claim.

CompanyPMI will compare policies across every available insurer, looking beyond the headline premium to ensure the cover genuinely provides what it promises. We manage the scheme and handle renewals — at no cost to your business.

Add critical illness cover to your benefits package.

Tell us about your business and we'll source group critical illness cover across the whole market.

Get a quote