Group life 'one of the unsung heroes'.
The dependants of employees with group life benefits have been paid benefits valued at a total of almost £57m as a result of COVID-19 so far this year.
Trade body GRiD (Group Risk Development) said that 475 lump sum death benefit claims this year, plus the capitalised value of seven dependants’ pension claims where COVID-19 has been recorded as the primary or secondary cause of death on the death certificate or reported on the claim form.
The average lump sum death benefit payment was £110,285 and the average capitalised value of the dependants’ pensions was £617,771.
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