Paul Avis: Four steps to simplify group life
Group life insurance has a specific challenge with the use of two trust vehicles to provide death benefits which purport to do the same thing. Group life insurance is a workplace benefit, paid...
Group Life
Millennials demand better income protection benefits
Millennials are the generational group most likely to want to protection their income, according to new research from Canada Life. It found that 28 per cent of employees aged between 18 and...
Business protection, sick pay and personal accident: How advisers can diversify
Some argue that employee benefits consultants that turn a blind eye to the potential opportunities of expanding into areas such as business protection, group personal accident (PA) cover and Unum’s sick pay insurance...
UK workers ‘ignorant’ about group risk products: survey
Knowledge of group risk products remains low among the UK workforce, particularly when compared to other countries, according to a new research. Zurich - in partnership with Oxford University - surveyed workers...
Employers underestimate workforce sickness rates
Employers are seriously underestimating the chances of their workforce being affected by serious illness or bereavement in the year ahead, according to new research. The survey by Group Risk Development (GRiD), the...
Seven out of 10 employees to work beyond 65
The UK workforce is ageing at a rapid rate with more than seven out of 10 employees now set to work beyond their 65th birthday, according to new research. Canada Life Group...
Workplace protection and benefits providers’ data revealed for first time
Group private medical insurance is perceived by advisers as being the workplace protection and wellbeing benefit most valued by employees, but providers in the sector are less prepared to divulge market information...
Grid claims stats: 5,595 people returned to work
The group risk industry paid out a new high of £1.68bn in claims in 2018, a £64.5m increase on 2017, and helped 5,595 people back to work after a period of sick...
Group risk sales boosted by big increase in EGLPs
The number of people covered by corporate group risk policies increased by 3.3 per cent in 2018 - or almost half a million people - according to the latest sector report by...
Tom Baigrie Q&A: ‘The most prolific intermediary in workplace protection?’
Why is LifeSearch doing more in the group risk space? Our advisers told us they would like to do more business protection. Initially the route to market was small business owners receiving...
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