Group Risk - more affordable than employers think

It typically costs less than 0.5% of payroll to offer group life assurance to an entire workforce, yet 70% of employers believe that it would cost them more than that, with 8% believing it will cost them more than 10%. It's a similar story for group income protection. Typical costs are less than 1% of payroll, yet 60% of employers believe it will cost them more, with 9% thinking it will cost them in excess of 10%. GRiD's research also shows that 60% of employers accept that they have a greater role to play in protecting the health and welfare of their staff, and providing financial re...