Carl Greaves Brokers Group Benefits provides a portfolio of insurance products to employers, associations, and affinity groups that offers protection to employees, members, and affiliates.

Companies continually face the complex question of whether they should allow an insurer to underwrite the cover offered under their group life benefits, or whether the retirement fund can afford to carry the risk on its own.

In deciding on this issue, the size of the fund and the extent of risk involved should be considered first – inter alia, to ensure that there will be adequate cash flow to cover claims.

Generally, it is accepted practice these days to insure group life cover risks with an insurer, especially with the prevalence of HIV/Aids and the resulting legal demands on employers. Underwriting your risks will offset the immediate financial pressure caused by the payment of substantial lump sum benefits and the long-term pressure arising from payment of continual benefits to dependants.

We help companies to cover benefit risks with an extensive range of products that will also enhance their attractiveness as employers of choice.