Unum has created a video to help employers understand the value of income protection to their business.
The video, which forms part of it's IP-awareness raising campaign, illustrates the findings of recent research from the Centre for Economics and Business Research, which found UK businesses spend an estimated £3.1bn every year on employees who are on long-term sick leave, an average of £620,000 per company.
The insurer highlighted that for every £100 an employer spends on a group income protection policy, they get an average £48 ‘payback' in savings by not having to pay occupational sick pay and through other indirect cost savings.
