SMEs at risk of long-term sickness

Research shows

Adam Saville
clock • 1 min read

Protection benefits uptake remains low for small-to-medium-sized businesses

Almost half (44%) of SME employers believe long-term sickness for a key employee would have a significant - or even critical (24%) - impact of the welfare of their business, research by the British Chamber of Commerce (BCC) and Unum has shown. More than half (55%), meanwhile, said they would do everything within their power to assist a member of staff back to work following a period of illness. Despite this, the take up of protection benefits remains low, with only 8% of the 1000 UK businesses surveyed (91% were SMEs) offering income protection to their staff. More included life insur...

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 Group Protection

Benenden Health adds heart rhythm measurements to offering

Benenden Health adds heart rhythm measurements to offering

Partnership with FibriCheck

Jaskeet Briah
clock 06 June 2025 • 2 min read
Cancer main cause of claim for group risk

Cancer main cause of claim for group risk

GRiD research

Cameron Roberts
clock 02 June 2025 • 2 min read
Unum UK paid out £41.1m in dental claims in 2024

Unum UK paid out £41.1m in dental claims in 2024

75% of claims were for private treatments

Jaskeet Briah
clock 30 May 2025 • 2 min read