What is Group Income Protection?

Norwich Union Healthcare's Group Income Protection Policy has been designed to offer you a greater level of protection, helping to reduce the impact on your business as a result of long-term employee sickness absence.¹

Key benefits include:

• Low cost - on average as little as 0.5% of payroll with discounts available² for companies with Private Medical Insurance
• Flexibility to tailor to company needs and budget
• Cover available for different catagories of staff eg. all staff, office staff or senior management
• Cover normally provides up to 75% normal earnings less the basic rate of State Long Term Incapacity Benefit (a minimum of 30% is required) up to a maximum £250,000 benefit
• Payments can begin after 13, 26, 28, 52 or 104 weeks to dovetail with existing sick pay arrangements
• Pension and/or employer's National Insurance (NI) contributions can be covered up to a certain limit
• Access to a 24 hour GP Helpline and 24 hour Stress Counselling Helpline
• Access to the online service Personal Health Manager providing advice to help lead a healthier lifestyle³
• Payments can increase by 3%, 5% or Limited Price Index (LPI) Retail Price Index (RPI)⁴ to a maximum of 5% a year
• Option to limit payment benefit term to 2, 3, 4 or 5 years
• Straightforward claims process
• Early intervention and access to guidance on rehabilitation and support to help towards a faster return to work

Further Details

¹ Some types of illness and injury are not covered
² A discount is given off our standard Group Income Protection rates for at least the first two years. Discounts will be calculated from the net premium following any other discounts being applied
³ Unit-rated schemes only
⁴ The monthly index used by the Government that demonstrates the movement of retail prices in the U.K

This is a summary. Full details of standard cover and exclusions can be found in the Policy Wording. Non-standard terms may apply. Applications are required. Calls may be monitored and/or recorded.