Paul Avis: Group risk's Cinderella service

clock • 6 min read

Does the importance of early intervention and effective rehabilitation during absence outweigh the financial benefits of group income protection?

There is a growing school of thought that early intervention and the support services insurers provide are becoming more important than ever to corporate customers. Group income protection (GIP) offers benefits to both the policyholder's organisation and its employees. It provides a level of salary continuation when an employee is absent because of ill health or disablement. The added benefit most aligned to an organisation's financial protection is access to early intervention and rehabilitation services. By taking this approach, advisers are best placed to introduce GIP to new organ...

To continue reading this article...

Join COVER for free

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
  • Receive breaking news stories straight to your inbox in the daily newsletter.
  • Members only access to monthly programme 'The COVER Review'
  • Be the first to hear about our CPD accredited events and awards programmes.

Join now

 

Already a Cover member?

Login

More on Income Protection

Partner Insight: Income protection and Generation Rent

Partner Insight: Income protection and Generation Rent

Jonathan Hall, Scottish Widows Protection Specialist
clock 12 December 2024 • 4 min read
Partner Insight: How prepared is your client for the unexpected?

Partner Insight: How prepared is your client for the unexpected?

Mike Farrell, Protection Sales and Marketing Director at LV= discusses some of the findings of their second Reaching Resilience report

Mike Farrell, Protection Sales and Marketing Director at LV=
clock 04 November 2024 • 3 min read
Partner Insight: Why real stories matter in protection conversations

Partner Insight: Why real stories matter in protection conversations

Mike Farrell, Director of Protection Sales and Marketing, LV=
clock 07 October 2024 • 3 min read