Group Income Protection Insurance | Spectrum Financial Advice

How we can help you with Group Income Protection

As with all group insurance schemes, Group Income Protection is a type of insurance policy that is taken out by an employer on behalf of their employees and is often provided as part of an employee benefit scheme. Group Income Protection can offer a range of benefits, but its primary purpose is to protect an employee against loss of earnings in the event of long-term absence.

With our experience and access to the Group Income Protection Insurance market, Spectrum FA offer expert protection advice tailored to your individual needs. Our advisors take the time to understand you and your business to ensure your employees are sufficiently protected.

Request a callback

Income Protection

Protect your employees’ salary and loss of earnings during long-term absence due to illness or injury.

Employee Support

With Group Income Protection, you can demonstrate your commitment to your employees and provide financial support in the event of long-term absence.

Flexible Cover

Select the level of cover you require based on the needs of your business and revise the scheme when your circumstances change.

Why choose us?

With Group Income Protection Insurance and a tailored service through Spectrum FA, you will have the benefit of protecting your employee’s income in the event of long term absence due to illness or injury.

To speak with our team or to arrange a free, no obligation review, please get in touch with us today. You can contact us by email at info@spectrumfa.co.uk, by phone on 01279 315 013 or by completing the contact form on the website.

About Us

We look at all our providers 

We have access to the leading insurance providers in the market, which allows us to recommend the most suitable policies based on your individual circumstances.

Our Happy Clients

FAQs

View some of our frequently asked questions that some of our customers have asked.

What is Group Income Protection Insurance?

Group Income Protection is a type of insurance policy taken out by an employer on behalf of their employees, often provided as part of an employee benefit scheme. Group Income Protection Insurance can offer a range of benefits but its primary purpose is to protect an employee against loss of earnings in the event of long-term absence, due to illness or injury.

A Group Income Protection scheme will come into effect in the event of an employee being unable to work for a period of time due to illness or injury. As determined by the terms of cover, the policy will pay a regular payment to compensate for the loss of earnings and may offer additional support, such as medical rehabilitation, which can often assist the employee’s return to their previous level of employment.

How does Group Income Protection work?

Group Income Protection Insurance is taken out by an employer or organisation on behalf of an employee and forms part of an additional benefit on top of their basic salary. It is important to make sure that you have the correct level of cover for the individual needs of your business and staff. In the event of an employee becoming unable to work for a period of time, the insurance policy will come into effect by providing a regular payment, to cover their loss of earnings

At Spectrum FA, we take a personal and flexible approach, to ensure you are provided with the right level of cover, to fit the requirements of you and your business.

What are the benefits of Group Income Protection?

The primary purpose of Group Income Protection Insurance is to provide ongoing income for the employee in the event of a prolonged absence from work due to a serious illness or injury. Provided by an employer on behalf of their employees, Group Income Protection Insurance is beneficial to both the employer and the employee.

Many Group Income Protection policies also provide additional services, such as dedicated phone helplines, early intervention services or support for the employee and their family.

To speak to the team or to arrange a free, no obligation review, please get in touch with us today. You can contact us by email at info@spectrumfa.co.uk, by phone on 01279 315 013 or by completing the contact form on the website.

What does Group Income Protection cost?

The cost of Group Income Protection will depend on a number of factors, including the number of personnel you wish to include in the scheme and the level of cover you require for each employee. Our advisors can source appropriate cover for your specific needs at competitive prices.

Spectrum FA will advise you through each stage, from assessing your unique needs to sourcing the appropriate benefits.

To find out more or to arrange a free, no obligation review, please get in touch with us today. You can contact us by email at info@spectrumfa.co.uk, by phone on 01279 315 013 or by completing the contact form on the website.

Like to speak about Group Income Protection Insurance?
Request a callback

You may also be interested in
these services…

We provide expert advice on a range of Personal Protection Insurance. You can protect your family and loved ones in the event of death, critical illness, or loss of income, due to illness or injury. See below some of these services.

Learn more

Sign Up

Want to keep up to date with the latest news from Spectrum Financial Advice?
Be sure to sign up to our newsletter.

Copyright Spectrum Financial Advice 2022. All Rights Reserved.

Website designed and built by Unity Online