Case Studies

Income Protection to Reduce Financial Worry Should Bad Health Interrupt Your Worklife

Our client was a small business that prided itself on having a real family ethos. A number of years ago, we introduced them to Group Life and Income Protection cover for all their employees.  As the business grew, so did the number of employees covered under the policy.  Sadly, after several years, one of their employees who had been with them since he left school, was diagnosed with cancer.  He needed to take time off work and our Client continued to pay the salary for the months of the deferred period.  Due to the Income protection policy in place, the insurance company then paid him the majority of his salary for over a year until unfortunately, the employee passed away.

The company was delighted that they were also in a position to then present the employee’s widow with a substantial payment from the life company, especially as he had a family and no other form of life cover in place.