Protecting your employees

Group risk benefits: 

Our group risk department can help you set up and manage valuable protection benefits for your employees. Providing security for your employees can lead to more engaged and productive staff while also helping to reduce your absence costs. 

Group life assurance

A tax-free cash payment for the employee’s family in the event of the employee’s death

Key features 

• A fundamental part of any benefits package  
• All causes of death are covered
• Can pay a multiple of salary or a fixed amount per person

Group income protection

A sick pay benefit for medium or long-term sickness absence which provides a monthly income during the absence. 

Key features 

• Provides vital rehabilitation services to minimise duration of absence 
• Ensures employees can afford essential bills during absence
• Helps to reduce a company’s overall absence costs

Existing policies?

If you already have policies in place let us check them over. 

Policy audit

• Identify and fix gaps in cover which could lead to declined claims
• Benchmark the premiums
• Improve cover and added value of the policy within the same cost

Considering new cover?

If you don’t already offer these benefits consider the following points: 

Reasons to set up

• Wellbeing and protection are highly valued by employees right now
• Policies support employees with mental, physical and financial protection
• Cover costs less than you think. Typically less than 0.5% of total payroll for each policy
• GIP policies can help reduce your overall absence costs

We can also support you with other group risk needs including group critical illness, short-term sick pay insurance or dependant’s death-in-service pension cover.