Products
Life Assurance
How does it work?
As an employee of Stephenson Harwood, you are entitled to Death in Service cover of four times your basic annual salary. Under SH Online Reward, you can vary the level of cover as detailed below:
Increase your level of cover by 'trading up' to:
- 5 x annual salary
or - 6 x annual salary
If you increase your level of cover, the increased premium will be deducted from your gross pay over a 12 month period.
Reduce your level of cover by 'trading down' to
- 3 x annual salary
or - 2 x annual salary
If you reduce your level of cover, the difference in cost can be used to purchase other benefits under SH Online Reward.
Read before you buy
- If you choose not to 'trade up', 'trade down' or increase the premium, your level of cover will remain at 4 x your annual salary.
- You cannot reduce your cover below 2 x your annual salary or increase it above 6 x your annual salary.