Brokerage
As independent financial advisers we are able to work with all the main providers of employee benefits.
We can source, broker and advise on the implementation of new benefits or review your existing cover to ensure it remains appropriate and competitive.
Employee Benefits Renewal
Where you have employee benefit policies in place we can work with your HR team to help administer them on an ongoing basis and oversee the renewal process, usually annually or every two years.
Income Protection
Group Income Protection is an insurance policy which will fund the costs to provide an income to an employee if they are
unable to work due to accident or sickness.
They are usually set up to dovetail with your contractual sick pay policy and there are many variations on the types of cover including deferred period, payment term and amount, all of which can affect the cost to the employer.
Death in Service
Group death in service is a life insurance policy which enables employers to provide a tax-free lump sum benefit to an employee’s family and children, if they should die whilst in service.
Registered schemes are usually an allowable business expense creating a low net cost to the employer.
They often come with a free cover limit, minimising the administrative burden of underwriting.
Critical Illness
This is a group insurance policy that pays a lump sum in the event of an employee suffering a defined serious illness or injury.
This can be used to ease the financial burden of such an event such as paying for necessary alterations to their home or paying for relevant treatment both of which may also help them return to work sooner.
Private Medical Insurance
Group Private Medical insurance offers enrolled employees access to private healthcare services, facilities and professionals.
It remains a valued and popular employee benefit and can be extended to their dependents as an option.
Flex Benefits
With larger firms, it is common to let employees choose from a list of possible benefits, based on their needs and life stage. We can advise on Flex Benefits systems that help you manage and administer this service.
Dental
One of the fastest growing employee benefits, Dental cover helps employees pay for the cost of private dental treatments.
For a free, no obligation consultation, please email us to see how we can help, or call 01727 734040.
Testimonials from Employees
Please find below feedback from employees who met with a TISCO adviser in April 2015.
These employees were in an existing scheme for which TISCO took over employee communications. Employees were met on a one-to-one basis for a non-advised 30 minute guidance session.
50 people were met and 24 responses were gathered.
This represents every un-edited (including typos!) response received.
