Company Life Insurance is one of the most popular employee benefits
How does company life insurance work?
- It provides a lump-sum payment to your employee’s loved ones, should the worst-case scenario become a reality.
- Pay outs are calculated either as a set amount or as a multiple of your employee's salary.
Getting cover is as easy as 1,2,3
We listen and learn
We won’t tell you what you should have. We listen to what you need.
We tailor to your needs
Hooray don’t have insurers deals. We recommend what’s right for you.
You make the final choice
You will have all the information you need to make the right choice.
Frequently Asked Questions
If you leave a job where your employer is providing death in service insurance, there is no continuation option as the insurance is agreed on a group basis. to medical underwriting, depending on pre-existing conditions.
We are a whole of market insurance broker so will review all insurers but would never recommend placing with an insurance company who has less then a 98% claims satisfaction rating which is 80% of the market.
As a whole of market broker we have no preferred provider arrangements and with Group Life Insurance it’s never a one size fits all approach as each business has it’s own unique risks to consider.
Hooray in numbers
98%
Client
Retention
50+
Insurer partners and service providers
5 Million
Product combinations for our clients
70,000+
Employees protected through us
50+
Countries in which we protect people