Steven Dean: Helping business clients meet legal requirements

clock • 3 min read

How group income protection policies can offer legal support to business owners

The world of business is never short of new rules for company owners to keep track of - employment law, regulations, health and safety - the list can feel endless. Many companies do not have in-house legal support and the cost of hiring legal consultants can be astronomical. Research by LawBite found small and medium-sized enterprises (SMEs) need legal help up to eight times a year. Taking this into account, the costs really stack up when you consider that a solicitor can charge upwards of £200 for an hour of their time. For financial advisers specialising in protection, advising clie...

To continue reading this article...

Join COVER for free

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
  • Receive breaking news stories straight to your inbox in the daily newsletter.
  • Members only access to monthly programme 'The COVER Review'
  • Be the first to hear about our CPD accredited events and awards programmes.

Join now

 

Already a Cover member?

Login

More on Income Protection

Partner Insight: A pragmatic approach to inclusive Income Protection

Partner Insight: A pragmatic approach to inclusive Income Protection

Personalised solutions can provide individuals with more choice and can remove barriers to protection, according to mutual society National Friendly

National Friendly
clock 21 February 2024 • 3 min read
IPAW 2023: Nine in 10 people stay in or return to work via vocational rehabilitation

IPAW 2023: Nine in 10 people stay in or return to work via vocational rehabilitation

Day five of Income Protection Awareness Week 2023

Jaskeet Briah
clock 22 September 2023 • 3 min read
IPAW 2023: Improving underwriting to help write income protection business

IPAW 2023: Improving underwriting to help write income protection business

Day four of Income Protection Awareness Week 2023

Jaskeet Briah
clock 21 September 2023 • 3 min read