PTL has a long track record of helping our clients manage their death-in-service claims through the range of group life master trusts we manage.

PTL provides a flexible range of services to a number of large insurers and employers for the settlement of death-in-service claims.

As a fully independent party, we are able to assume the trustees’ responsibility for the arrangement, carry out a thorough yet sensitive investigation, determine the correct beneficiaries, and settle the benefits due.

For insurers

  • PTL acts as the trustee to the insurer’s group life arrangement
  • PTL carries out a thorough yet sensitive investigation into the personal circumstances of the deceased at their time of death, to ensure potential beneficiaries are identified and considered
  • PTL assumes the burden of determining the rightful beneficiaries for the death-in-service benefits
  • PTL ensures that the life assurance benefits are paid quickly and efficiently

For employers

  • PTL acts as the trustee to an employer’s dedicated trust arrangement
  • The cover is presented and communicated as part of your employee benefit package
  • You continue to use your existing insurance policy and manage reviews and premium payments
  • Fully independently of the employer, PTL carries out a thorough yet sensitive investigation into the personal circumstances of the deceased at their time of death, to ensure potential beneficiaries are identified and considered
  • PTL assumes the burden of determining the rightful beneficiaries for the death-in-service benefits
  • We will ensure the life assurance you provide your employees is paid quickly and efficiently

PTL offers a flexible service, which can include insurer or employer involvement if required.


The PTL group life master trust

The PTL group life master trust is designed for employers who want a simple and efficient alternative to setting up their own life-only trust for administering death-in-service benefits.

PTL will assume the burden of setting up the trust, carrying out a thorough yet sensitive investigation into the personal circumstances of the deceased at their time of death, and determining beneficiaries for death-in-service benefits. This ensures that the life assurance you provide your employees is paid quickly and efficiently.

How the PTL GLMT works

  • Each employer is given their own dedicated section of the trust
  • This can be white labelled, allowing you to present the trust as part of your employee benefit package
  • You continue to use your existing insurance policy and manage reviews and premium payments
  • PTL will step in to administer the entire claims process – from beneficiary investigation, through determination, to payment

Why choose PTL for your group life arrangements?

  • Peace of mind – we bring a depth of experience in carrying out thorough yet sensitive investigations into the personal circumstances of the deceased at their time of death, determining beneficiaries and facilitating the efficient payment of benefits, at what is usually a very difficult time
  • PTL is completely independent – we are therefore impartial when reaching our decisions and remain at arm’s length from the employer and the insurer