Group Private Medical Insurance

Protect the health and well-being of your staff, improve productivity, and reduce absenteeism through fast access to private treatment.

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There’s no doubt that sickness or other medical issues affecting your staff can reduce productivity and cause a loss of revenue.  Offering private medical cover as an employee benefit can have many upsides, including improving employee satisfaction helping to make it easier to attract and retain staff.

Crucially, it can help protect the business from the effects of employee ill-health and prolonged or repeated absence. Private medical cover can help get employees back to work more quickly by offering fast access to treatment at private hospitals.

Protect your staff and your business

Private medical insurance can protect your health, and the health of your staff, by providing fast access to private treatment.

Following a referral letter from a GP, covered employees can visit a private hospital to receive treatment from experienced consultants, surgeons and specialists.

Why arrange group private medical through Stonebridge?

At Stonebridge we have long experience of arranging employee benefits schemes for businesses of all shapes and sizes.  When it comes to group medical cover, we can help you to ensure it is:


  • Affordable - If the business pays for cover, it will be benefit from potentially generous ‘bulk discounts’. Alternatively, the business can make the cover available but ask employees to pay for it themselves.
  • Tailored for you - Whether yours is a small firm or a large national organisation, we can help set up a scheme that’s right for you.



Related FAQs

See all FAQs

How much cover would be needed for keyman insurance?

This would depend on your specific business needs which we would discuss together. This could be a multiple of profits, a multiple of salary or turnover. Your accountant would be able to provide this information to you.

How do I know how much shareholder cover is needed?

We recommend you speak to your accountant who will help to establish the value of the business. The amount of cover should equal the market value of each owner’s share of the business.

What is keyman insurance?

It is a life insurance where critical illness cover can also be included to protect your business against the loss of profit should a key employee pass away or be diagnosed with a critical illness. You can also protect against the loss of a key employee to protect a debt, and it could also help towards the costs of employing and training new personnel.

Who could be classed as a key employee?

Key employees can be regarded as individuals whose knowledge, skills, experience, key relationships or leadership are very important to a business’ future financial success. These can be a senior manager, top sales person, technical specialist, business founder.

What is shareholder protection?

Shareholder protection is a life or life and critical illness policy that will pay out a lump sum that the remaining shareholders use to purchase the deceased shareholders shares from their estate.

Who should consider a relevant life policy?

Directors could take out the cover to provide a ‘death in service’ benefit, without having to take out a scheme to cover all employees. It helps to retain employees and ensure should the worst happen, their loved ones are financially cared for.

What is a relevant life policy?

It is a term assurance available for employers to provide employees with a ‘death in service’ benefit. It provides a lump sum payment on death and there can be many tax advantages to both the employer and employee for this type of policy.

What are the benefits of a relevant life policy?

No National Insurance contributions on premiums and corporate tax relief for the business itself. For their employee there will be no National Insurance contributions on premiums or benefits. The benefits are not taxed as a benefit in kind and importantly the benefits do not count towards annual or lifetime allowances tax benefits.

Who can take out a relevant life policy?

UK resident businesses. These businesses can be a limited companies, a limited liability partnership or sole trader. Company directors can take out cover with the limited company paying for this.

How much does keyman cover cost?

The cost would be dependent on the amount and term of the cover, age, smoking status. Please contact us for a personalised quote.

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