Group Protection Schemes
The purpose of a group protection scheme is to provide protection for each of the members of a company.
This could be a payment to the member’s family in the event of death, or to the member in the event of illness. It could also provide private healthcare. Group schemes are usually more cost effective than individual plans and the underwriting process is often more relaxed.
Group protection is a very broad subject and good advice and planning is crucial.
For more information about Group Protection Schemes call us on 01276 517700 or email advice@professional-wealthcare.co.uk
Related blog posts
Looking After Your Staff (November 28th, 2010)
Most people would rather work for an employer that offers staff benefits. Offering your staff a range of protection benefits not only represents an economical way of providing such protection, but also demonstrates how much you value them. Read more »
