Your workforce is your most valuable asset, so it makes sense to help your employees stay healthy. And, you can do just that with Asset, our comprehensive employer paid cash plan. It’s easy to set up and pays employees tax free cash back towards the costs of staying fit and healthy. It also covers pre-existing conditions, so everyone can use it from day one.

Asset includes access to a leading Employee Assistance Programme (EAP), offering confidential support, assistance and counselling to help employees deal with a range of life events, which helps your business to meet duty of care requirements.

What’s more, Asset also includes personal accident (PA) cover of up to £20,000 as standard.

As an added bonus, when your employees register for our online service, they will have access to exclusive member benefits including online and high street discounts and a 24 hour GP service.

By offering a comprehensive and wide range of benefits, its value goes beyond what you would expect from such a low cost health plan. With 3 levels of cover, Asset gives you the flexibility to mix and match cover to suit your business needs.

What Asset covers

The table below details the cover provided at each level.

Choose a level of cover to view more details

Level 1 Level 2 Level 3
Monthly premium - per employee For 10 to 24 employees £7.15 £14.30 £21.45
For 25 or more employees £6.90 £13.80 £20.70
Annual product benefits Level 1 Level 2 Level 3 Payback
Help meet your duty of care and DSE obligations

Employee wellbeing and counselling service included as standard on all cover levels provided by a specialist third party

  • Telephone helpline and online support available 24 hours per day, 365 days per year
  • Face-to-face counselling, up to 8 sessions, including online Cognitive Behavioural Therapy (CBT) where clinically appropriate
pays towards eye tests and prescribed glasses, safety glasses and contact lenses
up to £60 up to £120 up to £180 100%
Support everyday health and wellbeing
Dental¹ up to £80 up to £160 up to £240 100%
Physiotherapy / Osteopathy / Chiropractic / Sports massage
including cover for PMI excess
up to £150 up to £300 up to £450 100%
Chiropody / Podiatry up to £50 up to £100 up to £150 100%
Acupuncture / Homeopathy / Reflexology up to £50 up to £100 up to £150 100%
Support faster diagnosis
Health screening² up to £125 up to £250 up to £375 100%
Hospital consultant fees and diagnostic tests
including cover for PMI excess
up to £125 up to £250 up to £375 100%
Hospital day case admission £30per day £60per day £90per day Max 5 days
Added reassurance should the unexpected happen

Personal accident cover underwritten by American International Group UK Limited. See the separate terms and conditions for full details

  • Up to £20,000 for permanent disablement
  • £10,000 for accidental death

Choose a level of cover to view more details'

Exclusive Sovereign member benefits³ - accessed via the online customer area
24 hour GP service - convenient access to a practising UK GP wherever you are in the world
Sovereign Perks - access a wide range of exclusive online and high street discounts

Premiums are inclusive of Insurance Premium Tax (IPT). Please see the Asset terms and conditions for full details.

1Dependent children under 18 are covered for optical and dental benefits on the employee’s policy only. Cover provides separate annual maximums for the employee and each of their dependent children.2Where an employer provides employees with direct access to a health screen through a third party practitioner, they will only be entitled to claim through their Asset policy for the cost of this type of health screen once in any two year period.
3Sovereign Health Care Member Benefits are discretionary, non-contractual and can be withdrawn or changed at any time. Terms and conditions apply to all benefits, details of which are available through the secure customer area.  

Here’s how Asset can benefit your business…


  • An alternative or complement to salary increases and bonuses
  • Use as a tool to retain the best employees
  • Reward length of service and good performance


  • Help your employees afford their everyday health care
  • Encourages treatment and fast diagnosis
  • A valuable combination of financial and emotional support


  • 3 levels of cover to suit your budget
  • Mix and match across different levels of the business
  • Optional upgrades and partner cover

Cost effective

  • Low cost, comprehensive cover
  • Can help cover private medical insurance excesses
  • Saves on standalone provisions – includes EAP and PA cover as standard

Duty of care

  • Helps meet DSE regulations and duty of care obligations
  • Comprehensive EAP includes 24-hour helpline and access to face-to-face counselling
  • PA cover up to £20,000

Immediate cover

  • Cover from day one regardless of age or medical history
  • Pre-existing conditions* covered, no qualifying period
  • Quick and easy to implement

*Does not apply to PA cover which has separate terms and conditions

Easy to apply, simple to implement. Why wait? Call us on 01274 841 127 or enquire online

Contact us today

Call us on 01274 841 127



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