Group risk covers extra half million as excepted group life surges
Excepted group life plans grew by almost 30 per cent over the last year, as individuals looked at ways to get round the new £1m pension lifetime allowance, according to Swiss Re’s...
Excepted group life plans grew by almost 30 per cent over the last year, as individuals looked at ways to get round the new £1m pension lifetime allowance, according to Swiss Re’s...
Advisers need to wake up to the new world order of Group Risk and start to communicate value as well as price says Canada Life Group Insurance director Paul Avis With every...
A modest investment in a financial incentive for employers taking out group income protection would deliver the Government a substantial return says Zurich head of market management, corporate risk Nick Homer The...
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...