Group Critical Illness
Essential financial support in the event of critical illness
Group Critical Illness Cover provides a tax-free lump sum directly to an employee if they, or their spouse/partner (if covered), are diagnosed with a serious illness or condition. The lump sum can be used however the employee chooses—whether to fund private healthcare, make home adaptations, take time off to care for a loved one, or enjoy a well-deserved holiday after treatment.
Serious medical conditions such as cancer, heart attacks, or strokes can affect anyone at any age, often unexpectedly. This benefit gives your employees the peace of mind that they will have a financial safety net in the event of a critical illness.
Employee benefits
- Financial peace of mind in the event of a serious illness
- A tax-free lump sum to use as needed
- Feeling supported by an employer who cares during challenging times
- Demonstrates a strong duty of care and commitment to employees’ well-being
- Can help improve employee retention
- Perceived as a highly valuable benefit by employees
Employer benefits
Go back to the MAC Financial Employee Benefits page
Speak to us about your Group Critical Illness Needs