Employee benefits for contractors and employees vary greatly, even if they are working under the one organisation. Approximately 20% of employees have privately arranged Income Protection Insurance, and 50% of employees have sufficient levels of Life Cover for their dependents. Knowing that you and your family will be looked after should the worst happen is a valuable benefit and certainly not one that an informed contractor, employee or employer should give up easily.
Life cover, and other additional insurance benefits, can be provided on a group basis. Group life, and in particular group disability cover, could be a key element in properly valuing and retaining loyal employees. It can also free an employer from any implied moral duty that they may feel towards their employee should they be affected by death and/or disability when they already have a solution in situ.
The full range of protection products available under a group risk package include:
Does your employer look after you and your family? Or are you the contractor, if so, you are also the employer.
For more information contact us on your choice of email or phone details below.