Page 4 - Engineers Benefits Handbook 2024

Overview
Critical Illness* Putting your health
and wellbeing first
 Critical illness cover provides you with one times your basic annual salary (Terms & conditions apply)
 The scheme pays a a a tax free lump sum if you are diagnosed with a a a a critical illness covered on the policy and survive  You and your family also have access to some valuable support services This benefit benefit is is a a a a a a a taxable benefit benefit and at the the end of the the tax tax year the the Company will file a a a P11D form with the the HMRC on your behalf We will discuss the taxable implications with you to make sure you are happy with the arrangements Life Assurance
For your peace of mind
 You will automatically be enrolled to to our life assurance scheme The company will make a a a a tax free lump sum payment to your nominated beneficiaries in in the event of your death whilst employed by the company You will be asked to fill in a a a a a beneficiary form and can change your beneficiaries whenever you want to * 04
OVERVIEW | ASCOT SERVICES