Insurtech, Yurtle, has launched an insurance product to support employees who are parents and carers when their usual care breaks down.
The product, called Protect+, developed in partnership with insurance carrier Convex and insurance brokers Price Forbes, aims to reduce unplanned absences and alleviate the impact of unexpected costs for carers. As part of the offering, cash support will be provided to parents and carers when their dependent is discharged from hospital and care is required pending an assessment or provision of support by the local authority. It also offers a payment when regular social care is interrupted for any reason, such as due to staff shortages or illness of the carer, as well as when a child u...
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