Group Income Protection Plus
Protecting your staff
As an employer, the cost of staff sickness or absence can rise with no maximum limit, especially if an employee is off long term. By having an Income Protection scheme in place for your employees, you can have a fixed cost to the business and provide a valuable benefit to your staff.
Our Income Protection Plus for employees scheme provides financial support and security to your staff should they be unable to work due to illness or injury. It provides them with their own income protection plan that can pay up to 70% of their income should they be unable to work and also offer them additional rehabilitation and mental wellbeing services if we feel it could assist them in getting them back to fitness and work sooner.
Tailor a scheme to suit your business
At PG Mutual, we offer a range of options to suit the needs of your business.
- Company funded
Offer a company funded income protection scheme to all your employees when they join as part of their package. - Employee paid or salary deduct scheme
Opportunity for employees to choose and pay for their own cover. - Mixed payment
A part employer and part employee paid scheme. Your business would pay a portion and your employee would pay an extra cost if they would like to boost their cover.
To find out more or to get a group quotation, please call us on 0800 146307 or email us at enquiries@pgmutual.co.uk
How Income Protection Plus helps businesses
There are many benefits to offering income protection to your staff. What is more, once the policy is in place we handle all the rest – saving you and your business time and money.
- As an employer, you decide on the level of cover for your employees that best suits your business and cost.
- Offering Income Protection can help manage business staff sickness and associated costs.
- PG Mutual also currently offers access to rehabilitation and mental wellbeing services that can assist employees in getting them back to work sooner.
- Offering Income Protection Plus can enhance your employee benefits package to attract and retain employees.
- Income Protection from PG Mutual can be used to complement employer and statutory sick pay.
- We take care of all the administration, claims and payments, saving you time and money.
- We support your employee’s health from day one, even before they make a claim with our GP 24/7 service.
- Your employees’ Income Protection Plus plan includes a profit share feature that aims to build a cash lump sum over the life of their policy for payment in their retirement years.