INSURANCE FOR BUSINESS | EMPLOYEE PROTECTION

Group Income Protection

Group income protection pays a proportion of your employee’s salary if they are off work due to accident or illness for a prolonged period. Having Group Income Protection gives both you the employer and your employee peace of mind during what can be a difficult time.

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Why choose us?

Extension Of Your Business

Offering employees peace of mind, should they fall ill or suffer an injury.

Over 45 years' Experience

Understanding and knowledge of your requirements

Bespoke Cover

Tailoring your needs to provide further benefits for your employees.

Manage Long Term Sickness Effectively

Long-term illness can represent a substantial financial strain for both you and your employees. You can choose to either make payments directly to an individual or use the policy to fund payment for a limited period and then provide your company with a lump sum to fund a leaving service benefit.

Statistics show that sickness and absenteeism can place an enormous strain on company financial resources. Group Income Protection helps you the employer to manage long term sickness more effectively. At the same time your employees feel that they have the support of their employer during a very stressful time.

Manage Long Term Sickness Effectively

Long-term illness can represent a substantial financial strain for both you and your employees. You can choose to either make payments directly to an individual or use the policy to fund payment for a limited period and then provide your company with a lump sum to fund a leaving service benefit.

Statistics show that sickness and absenteeism can place an enormous strain on company financial resources. Group Income Protection helps you the employer to manage long term sickness more effectively. At the same time your employees feel that they have the support of their employer during a very stressful time.

Why Your Business Should Consider Cover

Group Income Protection can be set up with a deferred period of 13, 26, 28, 41, 52 and 104 weeks. The longer the deferred period the lower the premium will be.

The policy is very flexible in how it is set up. Pension contributions, NI contributions salary limitations can be included. Most policies offer minimal administration set up and it is common that only the higher earners need medical underwriting.

Benefits to you the Employer

  • Reducing the impact from long term absence costs.
  • Providing support where appropriate, to help employees back to work.
  • Collaborative absence processes and management information.
  • Helping to enhance employer’s benefits package to help them attract and retain employees.
  • Demonstrates a genuine care for staff welfare.

Benefits to your Employee

  • Provides peace of mind and reassurance for your employees and their loved ones.
  • Financial support when absent due to long term illness or injury.
  • Where appropriate, fast track funded rehabilitation treatment such as physiotherapy and psychological treatment.
  • Rehabilitation Support can be provided, with support with return to work.

For more information and a free quote from a dedicated Protection Consultant, please call Stacey on 01270 758057 or click on link below

 

Most people get life cover in case they die prematurely, but long-term absence from work is a bigger risk. With statutory sick pay £95.85 a week for 28 weeks and employment and support allowance £74.35 a week max, could your employee survive on that?

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Wheelock, Sandbach,
Cheshire, CW11 4RD.
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R.K. Henshall © 2021

R K Henshall & Co Ltd are Independent Intermediaries and are authorised and regulated by the Financial Conduct Authority. Directors: J.R. Henshall B.A.(Hons) ACII Cert CII (FS), A.J.Simpson ACII, T.R.Dredge DIP CII, A.Brown FCCA. Director/Company Secretary R.K. Henshall ACII. Registered No. 1285024

R K Henshall are very proud to support Lupus UK. Lupus UK is a charity very close to our hearts. Unfortunately, Nita Davies who had been a stalwart of our company from it’s very beginning lost her battle against this terrible illness in 2013. Lupus UK is the only National Charity which supports people with the immune system illness. (Registered charity nos. 1051610, SC039682) Click here to read more about Lupus UK.