Our Group Income Protection Plan provides income replacement in the event that an employee is unable to work due to illness or injury, on a temporary or permanent basis. Group Income Protection helps to ease financial burden carried by life's unexpected events. It is designed to provide employees with ongoing income, payable if they are incapacitated due to illness or injury. The benefit will continue until the employee recovers, dies or reaches an agreed age, which is often selected to coincide with normal retirement age.

Benefits for employers
	Premium rates for group schemes are cheaper than for individuals due to economies of scale
	Premiums paid by employers are considered as a business expense and are therefore tax-deductible
	The improved employee benefits package helps with recruitment and staff retention
	The plan allows employers to provide continued income, beyond any contractual obligation, for employees suffering long-term illness or injury

Benefits for employees
	The employee's income is protected if the latter is unable to work because of long-term illness or injury
	Benefits are paid monthly
	Employees who find it difficult to purchase their own individual policy benefit from some cover