Group Income Protection
Many employers fail to consider the implications of their employees being absent for prolonged periods; most contracts of employment stipulate the terms and conditions of how much salary is paid to an absent employee and for how long.
This liability can be insured against and a valuable benefit provided by ensuring that a percentage of salary is paid to the employee for the duration of the absence after an agreed waiting period. The amount of benefit varies from 50% up to 75% of salary. Additional costs of National Insurance liability and pension contributions can also be included.
As with all risk benefits a review of existing arrangements may indicate scope for cost savings or improvement in benefits including the valuable provision of pre and post claim counselling.
We would be delighted to discuss our Group Income Protection proposition or to review your current arrangements. Whatever the nature of the review, as a Chartered Financial Adviser, you can be assured that we will provide a solution that is based entirely on your needs.
As a first step, please submit your details and brief requirements below. We will then make early contact to deal with your request.
Alternatively call us on 02920 887 733