Group Income Protection Insurance
Group income protection pays a regular monthly benefit to an employee who is unable to work due to long-term illness or injury. GIP benefits both the employer and the employee, by providing out of work employees with a regular income to cover household bills and living costs. Whilst protecting employers against the cost of employee absence.
Our experienced financial advisors believe in face to face meetings and personalised service. To chat to one of our experienced advisors on how we can help your business implement a group income protection plan. Please do not hesitate to contact us on 01928 237 521, or complete our online enquiry form and we will be in touch.
How does Group Income Protection Work?
You can tailor a group income protection product to suit your needs. Whether you’re seeking lifestyle cover for senior staff members or a basic level of protection for all staff. Our advisors can assist you in implementing the perfect scheme for your business.
Insurers typically provide a variety of options to businesses. From foundation packages designed to cover essential financial outgoings, to pay direct schemes, which, by paying the employee directly, free your business from any long term liability.
The benefits will be paid until the employee returns to work or, if earlier, reaches the state pension age. Alternatively, you may wish to specify a fixed payment period.
Why Choose Aspire Financial Advisers?
We work across a huge range of sectors, with businesses of all sizes. Our team have the expert knowledge, purchasing skills and eye for the small print that’s necessary to provide you with the best possible group income protection scheme.
Get in Touch
To arrange a chat with one of our experienced advisors, please do not hesitate to contact us on 01928 237 521, or complete our online enquiry form and we will be in touch.
Aspire 2011 LLP is an appointed representative of Quilter Financial Services Limited and Quilter Mortgage Planning Limited which are authorised and regulated by the Financial Conduct Authority.
Approver Quilter Financial Services Limited & Quilter Mortgage Planning Limited. 30th January 2023
Quilter Financial Services Limited and Quilter Mortgage Planning Limited are entered on the FCA register under reference 440703 and 440718