GLA policies typically cost less than half a percent of payroll and extra support benefits provide extra value for money, despite common misconceptions
To coincide with Dying Matters week, Group Risk Development (GRiD) has highlighted that group life assurance (GLA) will pay out if a policyholder takes his or her own life, despite widely held beliefs that this would not be the case. The common misconception is that employer-sponsored life assurance, the most common group risk product, does not pay out in the event of suicide, GRiD has warned. For individual life assurance, a pay-out for death from suicide usually depends on a set amount...
VitalityLife has launched a risk calculator that is able to work out the likelihood of clients facing ill health by putting in some basic, personal information.
'Support services' are not bolt-ons but integral to insurance offerings, says Paul Avis, and there are plenty of good reasons for employers and their advisers to promote them wherever possible
Association of Medical Insurers and Intermediaries (AMII) chairman Stuart Scullion has warned the industry to make sure it is prepared ahead of the IDD, the next EU-driven legislation set to 'shake up the sector'.
Our biggest Protection & Health Summit yet comes to Hilton London Bankside on 4 October