Canada Life

Group protection is under significant price pressure. Paul Avis explains why and offers a few suggestions to support clients who may be shocked by the cost.

My client is an SME employer who can no longer insure employees until default retirement age after its removal. He is continuing to provide group income protection benefits to all of his employees for as long as they work in the company. What considerations...

All Canada Life's group income protection clients will now have access to its rehabilitation and on site claims team, nearly doubling the amount of employees covered.

Corporate clients with significant staff numbers to auto-enrol are struggling to pin down budgets for other employee benefits, an adviser has said.

One of the main reasons firms buy a workplace health benefits programme is to integrate benefits.

Ensuring the right diagnosis for a medical condition will be crucial for employee health and employer private medical insurance costs, Canada Life has said.

Whilst soft markets for Group Life, and Death in Service Pensions are ending, the trend for Group IP is towards reducing premiums although the Group Critical Illness market continues to grow, according to Canada life.

Group risk advisers should take advantage of the "perfect" business opportunity created by auto-enrolment with the phase-in now underway, Canada life has said.

With the introduction of gender equalisation, Canada Life International has announced its approach unisex rates for its Flexible Life Plan.

No longer just an insured benefit, group IP is making waves with a range of additional features and is set to benefit from auto-enrolment and changes to the default retirement age. Nicola Culley finds out why it could be a gold mine for advisers.