Protection
With a wide range of serious illness policies available, our professional advisors will ascertain the level of protection that you are willing and able to provide for, in order to identify the most effective products for your business.
Group life assurance, critical illness and income protection insurance products are some of the most popular employee benefits offered today. Collectively known as group risk benefits, these benefits provide essential financial protection to employees and their families should the employee be long term disabled, diagnosed with a critical illness or die.
Serious Illness Income Protection Life Assurance
Our group risk consulting and brokerage services include advising and arranging the following policies:
Serious Illness
(Critical Illness):
This provides a tax-free lump sum, to pay for key needs such as nursing care if an employee suffers one of several specified illnesses. This helps safeguard employees and their families from the emotional, physical and financial impact of a diagnosis and the often-prolonged recovery period.
Income Protection
(Group Permanent Health Insurance):
This offers a replacement income stream during long-term employee absence.
Life Assurance:
Also known as Death in Service – pays a tax-free lump sum if an employee dies, to provide support for the people who depend on them financially.
Choosing your Group Risk Benefits
Building a benefits package for your employees that delivers both support and value is a vital business decision. Our services help each company to effectively manage risk and gain an understanding of the true costs involved in providing employee benefits.
The most effective benefits combination for each business will depend on the size, activities, and location of the workforce as well as the ability and willingness of the business to accommodate risk. Once we have gained an overall understanding of a company’s key business goals, budget and demographics, we will access the most suitable products and services in the market. By utilising our extensive network of providers, we will ensure that you are presented with the most competitive terms, coverage and claims support system to cater to your employee’s needs.
Together, we help you to build a healthier, happier, more productive workforce and effectively manage risk using employee benefits.
Business Protection
Key Person and Shareholder Protection:
Many companies are so concerned with taking out insurance for tangible business assets that they overlook their most valuable asset – their people. Regardless of the size or nature of your business, skilled employees can be hard to find and even harder to replace, which means the long-term absence or death of a key person could prove catastrophic.
Key person and shareholder protection are two types of insurance that allow companies to enforce damage limitation to profits, productivity and reputation in the case of the sudden loss of an important person whose specialist knowledge, skills, experience or contacts are integral to the profitability and ongoing operations of the business.