How does it work?

The benefit insured is a lump sum of 4x your base salary at your date of death.

To help ensure that the benefit is not normally subject to inheritance tax; the Trustees of the Scheme have to maintain their discretion as to who receives the benefit in the event of your death.

To ensure the Trustees are aware of your wishes you can nominate the person or persons you would like to receive the benefit in the event of your death.  Please complete the Beneficiary Wishes Form.

The Envigo life assurance scheme is registered with HMRC and any death benefits provided by this Scheme will be assessed against your Lifetime Allowance. All benefit payments will be conditional on the amounts received by the Scheme from its insurer. Benefit payments will not exceed the amount recovered from the Scheme’s insurer

How do I join?

You are automatically covered as part of your employment with Envigo at no cost to you.