The group risk sector offers valuable benefits to employers and employees but should do more product development to ensure the true value of group income protection is understood by them, minister for...
The scale of the challenge facing the group risk sector’s efforts to grow into new markets has been highlighted by research showing just 9 per cent of employees say they would value...
Increasing numbers of employers face a terminal illness tax lottery because of HMRC rules that levy tax on life cover where employees are struck by conditions that give them 12 months to...
Younger women are significantly more likely to access group income protection for mental health issues than men, with a third of women claiming earning under £20,000, Unum’s claim statistics show. The figures...
Zurich paid out on over 97 percent of its new group income protection claims last year with employees benefitting from annualised payments averaging £37,900. Announcing its GIP claims rates for the first...
A culture of negative judgement around sickness absence risks reducing productivity and increasing time off warns Willis Towers Watson. New research from the consultancy shows 51 per cent of UK workings think...
Is the group risk industry really growing its market penetration? A dig below the headline figures would suggest it is not says Busy Bees Benefits managing director Wojciech Dochan One of the...
The Government should rethink its cut to bereavement benefits and employers should be given fiscal incentives to offer group income protection says Baroness Altmann. Altmann’s call for a rethink on bereavement benefits...
GIP insurer’s early intervention and rehabilitation services are now returning more than one in four workers back to work, according to industrywide group risk statistics published today. Group Risk Development’s GIP return...
Group income protection could be the key to promoting the Government’s aim of greater investment in employees’ health and wellbeing, Disability minister Penny Mordaunt MP told a debate in Parliament yesterday. Speaking...
