What happens if you die

Your Unilever pension savings can support those you leave behind when you die.

When you die, your pension pot will normally be paid as a lump sum.

You can tell us who you'd like your money to go to. In certain circumstances, the Trustees might use your pension pot to provide pensions for one or more of your dependants. The Trustees don't always have to pay your money to the person or people you've named, but in most cases, they will.

Remember to update the names you've given us whenever your circumstances change - like if you get married or have a child.

Tell us who you'd like your money to go to

Life cover

You get core life cover for free. This will pay out a lump sum of cash if you die while working for Unilever. It’s usually worth 4 times the value of your annual pensionable earnings (your basic pay and, for some people, other allowances) on the date of your death. This benefit is provided by the Fund.

During Annual Renewal, you can use your pay to buy extra life cover, up to a total of 8 times your pensionable earnings.

Find out more about life cover

Lump sums paid out after your death will normally be tax-free if you die before age 75 and they are paid within 2 years of your death. Lump sums may need to be restricted if you have used up the allowances for tax-free cash as set by HMRC.

Read about HMRC allowances

Do you need to notify us of a death of a member?

Two people are holding hands in a comforting manner, possibly indicating support, empathy, or consolation.

If a Unilever UK member has passed away you must notify us by filling in the form below.

Notify us of a death