Group income protection insurance gives employers the opportunity to protect their employees against the loss of income as a result of ill health. Short-term and long-term group cover can be offered as an employee benefit, with the policy replacing a percentage of their income if employees are too sick or incapacitated to work.
Supportive employee benefits such as group income protection insurance can help retain and attract top talent to your workforce, whilst looking out for their longer-term financial wellbeing and stability.
At LDNfinance, our experienced and highly professional advisers have many years of experience in assisting business owners with arranging new group income protection insurance plans. Your nominated LDNfinance adviser will take the time to understand your business’ unique requirements before assessing the whole market for the most suitable policies for your needs.
Choose group income protection insurance policies for your employees
Short-term group income protection cover is designed to safeguard employees that are sick or disabled and cannot work for a period of two to five years. Typical qualifying conditions for a short-term group income protection insurance policy would be a workplace accident, prolonged sickness or essential rest and recuperation following surgery.
Long-term group income protection cover is designed to safeguard employees that are expected to be unable to work for a period indefinite period, due to the severity of their ill health condition or disability. Typical qualifying conditions for a long-term group income protection insurance policy include life threatening diagnoses, mental health conditions, brain injuries and major surgery.
Your LDNfinance adviser will leave no stone unturned to find a bespoke group income protection plan for your business, providing your valued staff with the peace of mind that their future income is protected regardless of whether they remain healthy enough to work.
Let’s discuss your business’ unique circumstances and arrange a bespoke group income protection plan that gives employees peace of mind should the unexpected happen.