At O’Sheas Insurance, we help employers put Death in Service schemes in place to provide valuable financial protection for employees and their families. Death in Service cover pays a lump sum benefit to an employee’s dependants if they die while employed by the company, offering reassurance and financial security at a very difficult time.

A Death in Service scheme is typically arranged as part of an employer’s benefits package and can be structured to suit businesses of different sizes and sectors. The level of cover is usually based on a multiple of the employee’s salary and is designed to support families with immediate financial needs such as funeral costs, household expenses, outstanding debts, or longer-term financial commitments.

For employers, Death in Service schemes are a cost-effective way to provide meaningful protection to staff while enhancing the overall employee benefits offering. Contributions are generally treated as a business expense, and the benefit is normally paid free of income tax when structured correctly. This makes Death in Service an efficient and practical solution for both employers and employees.

At O’Sheas Insurance, we work closely with business owners to design and implement schemes that align with company budgets, workforce size, and long-term objectives. We help employers understand their responsibilities, ensure the scheme is set up correctly, and assist employees in understanding the benefits available to them.

As businesses evolve, employee numbers change, and regulations develop, Death in Service schemes should be reviewed regularly. We provide ongoing support and advice to ensure the scheme remains suitable, compliant, and continues to meet the needs of both the employer and employees.

A Death in Service scheme is more than just a benefit — it’s a clear demonstration of care and responsibility towards your workforce. With the right scheme in place, employers can offer peace of mind to employees and their families, supported by clear advice and ongoing guidance from O’Sheas Insurance.