Empower Your Team with Business Health Insurance
Business health insurance ensures your team stays healthy, happy, and productive. Provide your employees with access to quality healthcare, showing them you value their wellbeing and helping reduce downtime due to illness.
Ready to take the next step?
We can provide a quotation from every insurer in the market for you in just one email or call. We don’t share data, and we don’t send your details to brokers, just a great, personal service that saves you time and hassle and ultimately money.
What is Business Health Insurance?
Business health insurance is a group health policy that employers provide to cover healthcare costs for their employees. This includes doctor visits, hospital treatments, and even wellness services.
Offering business health insurance can significantly improve employee morale, reduce absenteeism, and make your company more attractive to potential hires. It is a key part of a competitive employee benefits package.
Call us now and we will be able to quote you in just 60 seconds. We know you don’t want the big pitch so if you prefer, we can quote you and be led by the questions you want answered, no hard sell and no sharing of data with numerous other people.
Call 0330 818 3433Key Benefits?
Get a quote from every UK insurer in just 60 seconds. No big pitch, no passing your data to numerous brokers, just a great personal service with no pressure.
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How Business Health Insurance Works
Business health insurance provides employees with access to private healthcare, reducing the stress of long waiting times and ensuring that health issues are addressed quickly.
Employers pay the premiums, and employees enjoy peace of mind knowing that they can access quality care when they need it. This results in fewer sick days and a more productive workforce overall.
Who Should Consider Business Health Insurance?
Business health insurance is ideal for companies of all sizes that want to improve employee wellbeing and show they care about their team. It is especially beneficial for small and medium-sized businesses looking to compete with larger firms in attracting top talent by offering a comprehensive benefits package. Providing business health insurance can also help reduce absenteeism and promote a culture of health within the company, improving overall morale and productivity.
Can small businesses afford business health insurance?
Why Choose Executive Life for Business Health Insurance?
At Executive Life, we pride ourselves on offering tailored healthcare solutions that keep your team healthy and productive.
We provide:
Client Reviews
Smooth process, easy to deal with and most importantly they saved me a lot of tax by switching my policy to one that could be paid for by the business.
Recently used them for relevant life and income protection. Professional and informative.
I set up shareholder protection policies for me and my business partners through Executive Life. They found us competitive quotes and the process was swift. I would highly recommend to other company directors.
Executive Life helped me find the best deal for my life insurance policy and also my income protection policy. It was very easy and the process took no time at all - I would highly recommend them!
Very happy with the service and process I went through. They explained how the income protection policy worked and how it would be tax efficient for me through my limited company.
£20,787 Saving With Relevant Life Insurance
Mr Jones is the Director of Jones & Co Limited and is looking for a £1,000,000 life insurance policy. He could pay for a policy personally from taxed income, or he could pay for a relevant life cover through the company. He is a higher-rate tax payer.
The premium for both types of policy is identical and both are offered by L&G in this example. The premium for £1,000,000 cover is £85 a month and the policy will last for 20 years.
If Mr Jones needs to withdraw £85 net a month from his company to pay for the premium on a personal policy, the cost to the company would be £155.46. The increased costs take into consideration the corporation tax and dividend tax paid by the company and Mr Jones to receive a net £85.
If the premium was paid by the business via relevant life cover, then the business would receive corporation tax relief on the £85 a month premium. This would reduce the real cost to £68.85 and save Mr Jones £20,787 over the lifetime of the policy.
Find Out How Much You Could SaveBusiness Health Insurance vs. Other Employee Benefits
A side-by-side comparison to help you understand why a relevant life policy might be better for you than other options
Business Health Insurance
- Provides direct access to healthcare services, reducing downtime and boosting productivity.
Gym Memberships
- Encourages general fitness but does not provide comprehensive healthcare support in case of illness.
Your Questions About Business Health Insurance Answered
Common questions from previous customers include:
What does business health insurance typically cover?
How does business health insurance benefit my company financially?
What are the next steps?
Finding the right business health insurance for you and your company can be difficult. There are twelve primary insurers, and obtaining quotations from all of them takes time.
At Executive Life, we specialise in finding the right policy for you. We will show you quotations from every insurer in the market so you can choose the right cover for you.
We will also complete all of your application documentation over the phone and save you the hassle of multiple paper application forms and endless admin. Our team will cover all of that for you.
Ready to Invest in Your Team's Health?
Show your employees that their health matters by providing them with business health insurance.
Our advisors are ready to help you explore health insurance options tailored to your team’s needs. Start investing in your team’s health and productivity today."
Fill out the form above to receive a tailored quote for business health insurance, or call us directly to speak with one of our advisors.