Workplace insurance is an important part of any people management plan, and can help you attract and retain staff in today's competitive labour market.
Why have workplace insurance?
When provided with a group insurance scheme, your employees are more likely to feel valued, and motivated.
Sovereign’s workplace insurance is competitively priced and easy to administer, and offers a range of benefits.
Getting the right plan
Working closely with your Adviser, the Sovereign workplace team can design the best available insurance plan for the needs of your company and your employees. You can choose to offer a subsidised plan, a voluntary plan, or a combination of both.
With a subsidised plan, the employer pays the premiums for eligible employees.
With a voluntary plan (also known as ‘non-subsidised’ plan), employees can choose to take out insurance, and pay their own premiums – but with the benefit of your ‘bulk-buying’ power.
Disclaimer: The availability of any insurance cover is subject to your application being approved. For full details, refer to the policy document which is available on request from Sovereign. Applications are subject to individual consideration. Special conditions, premiums, maximums and exclusions may apply. The information contained on this website is general in nature and is not intended as advice. Before making any investment, insurance or financial planning decision you should consult a professional adviser. Copies of our disclosure statements are available on request, free of charge.