If you use an Employee Benefits package it can not only aid the employee but also ensure the on-going efficiency of your business. There are various products to cover certain outcomes such as:
- Life Insurances
If you have employees with health problems, this is a route to providing them with valuable assurance that may be unaffordable.
- Income Protection
Where an employee becomes ill, their income can be replaced under this cover.
- Medical Insurance
Private medical insurance generally gets problems dealt with faster than the NHS. This means that employees can return to work quicker.
- Critical Illness Insurance
If a member of staff gets a serious listed illness, they get a lump sum payment (e.g. 2x salary)
Employers can set up schemes for their employees that offer better value for money than if they were to set it up on their own.