Group Life Insurance and Income Protection
Group Life and Salary Continuance (Income Protection) Insurance offers staff and other members of an organisation access to insurance that may well be otherwise unobtainable. With many Australian’s unable excluded from Life Insurance or Income Protection due to pre-existing medical conditions, group insurance can provide your staff or members invaluable protection. Group Salary Continuance cover can be negotiated and customised to fit the needs of your organisation. Leveraging economies of scale, you may well be able to secure a group insurance policy with terms and pricing that are more favourable than if an individual was looking to acquire an insurance product seperately. With more emphasis being placed on employers efforts to retain and nurture their staff, there is no better way to show them that you care about their welfare and well-being than by offering them a group insurance plan.
Group Salary Continuance and Life Insurance products are inherently complicated and the guidance of a financial adviser can be invaluable to you and your members. Providing those that are insured with a point of contact to provide claims and administrative assistance will allow for your members to have peace of mind that they will be looked after.
Speak with an adviser to best determine the needs of your group and the products that will provide you and your organisation with the peace of mind you desire.