Group Income Protection

• You can choose different benefit levels for defined groups of employees.
• Benefits can be paid up until the benefit termination age or for a maximum of 2, 3, 4 or 5 years.

• The maximum cover for an employee is £350,000 a year.
• Employer and employee pension contributions can also be covered, up to a total of £75,000 a year.
• The total cover for an employee’s benefit plus their own pension contributions, cannot be more than 80% of their scheme earnings.
• Employer NI contributions can also be covered.
• Plus, we offer options where the amount we cover includes deductions for state benefits.
• You can also choose to increase benefits by a fixed rate up to 5% each year, or the Retail Price Index (RPI) or Consumer Price Index (CPI) by up to 5% each year.

Our technical guide (1.7mb pdf) can help provide more details about the cover, the options, the exclusions and how claims are assessed.

• Typically, we can provide cover for each employee for up to £150,000 per year without the need for medical underwriting. The limit depends on the size of the policy and the benefit choices.
• Employees will be medically underwritten if their cover is above the ‘free limit’. We can provide cover temporarily for up to 90 days whilst medical underwriting is completed, subject to conditions and criteria.