Business Insurance
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Insuring your Most Important Business Asset
When your most important asset is your people, it pays to offer cover that will assist them when they need it. Workplace insurance benefits both the employer and employees which means better business all round.
Workplace insurance or group schemes can be provided to employees by their employer. Workplace insurance can cover a range of different insurance areas such as life insurance, disability insurance, income protection and disablement insurance.
The major benefit for employers is that workplace insurance is an attractive incentive for attracting and retaining potential employees.
The group scheme insurance model provides numerous cost benefits to employers and great health benefits to employees. For employers the policy premiums are reduced due to the bulk buying nature of the scheme however the most important cost benefits are evident in employee retention rates, employee loyalty, reduced cost of training new staff and overall worker satisfaction with your company.
A group scheme requires a minimum of 10 people, membership for all employees is compulsory.