New tax and National Insurance charges will be levied on group income protection (GIP) and excepted group life insurance (EGLP) offered through flexible benefit arrangements run through salary sacrifice, the Government has...
A series of deep cuts in state benefits mean the need for group risk products has never been greater, says Canada Life Group Insurance marketing director Paul Avis The first rule of...
A £30 per employee flat rate reduction in National Insurance could see a further 1.5m UK workers covered by group income protection and save the Government £220m over 5 years, says the...
Actual and perceived costs are the main barriers to employers offering group income protection (GIP), with awareness of the product and incentives key to increasing coverage, research from Group Risk Development has...
Cancer is the most prevalent cause for claims on all three of the main types of employer-sponsored financial protection policies, group income rotection (GIP), group life assurance (GLA) and group critical illness...
Group income protection is extending its reach into lower income groups within the workplace with more than half of workers covered now earning less than £40,000 a year, according to figures from...
Child-specific illnesses such as cerebral palsy, cystic fibrosis and muscular dystrophy are to be covered in Aviva’s group critical illness offering, a move the insurer is describing as a first for the...
NI incentives will help to boost group income protection, but improving employee awareness of the value of the benefit will be key says Broadstone risk and flexible benefits client relationship director Nick...
Changes to state benefit rules from April 2017 and 2018 mean group risk cover could be the most important employee benefit companies provide to staff says Canada Life Group Insurance marketing director...
The position of excepted group life policies (EGLP) and group income protection schemes have been thrown into question by a lack of clarity in the Finance Bill released last week. Experts say...
