TFS Sickness Benefit Plan
We offer a straightforward Sickness Benefit Plan that pays employees tax-free weekly benefits of up to £175 if they are off work sick for over a week. Considering the Statutory Sick Pay is often not sufficient to support people unable to work (including all COVID-related sickness), falling sick could significantly affect one’s finances and mental state. As we assist them financially, employees can focus on getting better and back to work sooner.
We offer weekly benefits of £70, £105 and £140 as well.
Monthly premiums start from as little as £3.47 per policy for our 5-week cover (we also offer 12-week and 25-week cover). You have control over the level of cover you would like to offer your employees – you simply choose the amount of weekly benefit and the length of cover. Employees can individually upgrade or top up their cover at their own cost if they wish.