For employers with a larger headcount, or those wanting to enhance the benefits package for senior members of staff, group income protection can be a major asset.
This cover ensures that, while employees will always be better off in work, there is compensation should they find that sickness keeps them from work beyond a company’s standard sick pay period.
With payouts beginning after either 13, 26 or 52 weeks of absence, depending on the premium level an employer chooses, a group income protection scheme can be arranged to suit a company’s size and benefits policy.
Find the most suitable group income protection for your business by contacting us on employeebenefits@lycetts.co.uk to discuss your requirements with one of our professional advisers.