what do we offer?
We are an insurance company that provides group life, group critical illness and group income protection cover for your employees. These employee benefits are highly valued by employees, they’re cost effective to setup and easy to maintain. Most importantly, in the event you need to claim, our team are here to help and support you through the process.
We can provide cover for businesses with two employees or more.
why insure with us?
We provide low cost, comprehensive cover that is simple and easy for employers to administer, with great customer service to match.
Our online systems and automated processes allow us to work smarter, making things easy and simple for you, while giving us more time to provide you with the service you deserve. The products we offer provide a wide range of cover options to suit different needs and budgets, with added value services included in all products.
Ellipse is owned by Munich Re, one of the world’s largest reinsurers, so we have the financial strength and security to pay claims and to pay them quickly.
how does it work?
We can only provide cover to you when it has been arranged by a financial adviser or employee benefit consultant who is an expert in group risk insurance. If you don’t have one, www.unbiased.co.uk can help you find an adviser local to you. It’s their job to advise you about which products are best suited to your needs and to explain how they work.
Should you decide to insure with Ellipse your adviser will explain how the policy works and what your responsibilities are. They are also best placed to answer any questions you may have at this stage. However, here is a quick overview of the processes you’d normally be involved with.
Once your adviser has set up your policy, you will need to provide us with employee membership data on a regular basis, normally quarterly, but sometimes annually. Each time you provide data to us, we’ll recalculate the premium to reflect any leavers, joiners or changes in benefit. This means your premium will always be up to date.
We’ll contact you when we need updated data, with all the instructions you’ll need. Once this has been provided you’ll get an invoice and premium breakdown. All documents are saved in our secure website, so you’ll be asked to register online to access them.
Premiums are normally collected by Direct Debit, but your adviser will explain the options available to you. If you have any questions about policy administration, please speak to your adviser in the first instance, or call our team on 0203 003 6226.
It’s also really important that you tell your employees about the cover they have and how it works, so they can really see the value in the benefits you’re offering.
This is something all employers should think about doing when the policy starts and regularly thereafter.
We have a series of resources that can help you do that.