Workplace insurance can benefit your business in a number of ways:
Extra employment benefits, such as insurance, can help to create a more committed, involved and effective workforce.
1. Providing insurance, or providing access to a voluntary scheme, shows that you care about employees’ wellbeing and futures. This helps to build morale, engagement and productivity. Also, in times of low unemployment, the right package of benefits is essential to attract skilled staff.
2. Rewarding employees with subsidised insurance can also help to differentiate your company in the employment market.
3. In tragic circumstances, when an employee is injured or killed, the insurance you’ve helped to provide can really make a difference to your employee or their family. Income protection insurance helps employees to manage financially when sick-leave entitlements run out.
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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.