Just over half (54%) of employee benefits consultants (EBCs) say they always recommend their clients to take employee benefits offered by their employer, research reveals.
More than half of all employees have been made redundant or suffered long-term illness during their working life, MetLife Employee Benefits has found.
Disability and illness is to blame for two in five unemployed 50 to 60-year-olds, MetLife has reported.
MetLife has been building its infrastructure ahead of the launch of a Master Trust for its group life and group income protection.
Life-threatening experiences have hit two in five while the average person has cheated death at least once, MetLife has reported.
MetLife has bumped up its group life protection with a bereavement and probate service.
The insurance gap is widest for aged 55 and over, MetLife has said.
MetLife is re-launching its group life protection product as part of the ongoing expansion of its employee benefits business.
More than a quarter of private sector employers are looking to reduce employee benefit costs by cutting holiday entitlement for staff, according to new research.
Giant re-insurer Swiss Re will buy 300,000 in-force life policies from American Life Insurance Company (Alico).