Long-term illness can represent a substantial financial strain for both you and your employees which group income protection can relieve. 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.
Long-term illness can represent a substantial financial strain for both you and your employees which group income protection can relieve. 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.
Your business should consider group income protection
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.
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R K Henshall & Co Ltd are Independent Intermediaries and are authorised and regulated by the Financial Conduct Authority. Registration Number: 308865. Directors: J.R. Henshall B.A.(Hons) ACII Cert CII (FS), A.J.Simpson ACII, A.Brown FCCA. Written quotations, policy terms, conditions and exclusions are available on request.
Company Secretary: A.Brown FCCA. 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.
