The Insurance Directory - Income Protection

Income Protection

Group Income Protection Insurance that protects, rewards and inspires life.

Group Income Protection provides money to your employees in the event that they cannot work due to ill health or a disability. This will be an amount based on a percentage of the employees' salary and an additional amount can be selected to go towards the members retirement contributions. This will ensure their financial stability during that time.

There are two different types of income protection cover that can be provided:

- Income Protection: A monthly payment is made until retirement age if your employee is permanently unable to work due to ill health caused by illness or injury.

- Temporary Income Protection: If your employee is unable to work due to ill health or an injury, a monthly payment is made to them for a limited period while they recover. This gives them the time to adjust, and work out how to adapt for their lifestyle and needs.

Designed to fit your company:

- The choice is yours. You can choose to provide permanent or temporary Income Protection cover for your employees. In addition the waiting period before claim, length of payment in claim, and escalation of payment in claim can all be selected to fit your company.

Hassle-free HR: Our Group Income Protection is quick to purchase and easy to use, with 1-2-1 support when you need it.

- Online HR portal to view and manage your employee’s benefits.

- Medical underwriting is required for employees with cover above the Free Cover Limit.

- Guaranteed cover for all eligible employees (up to the Free Cover Limit).

Inspire life with an app that people love and use:

- Foster a culture of healthy living and boost productivity levels with the YuLife App. Encourage your team members to engage and make incremental changes that significantly enhance their lifestyle - both within the workspace and at home.

Back

YuLife

Group Income Protection Insurance that protects, rewards and inspires life.

Group Income Protection provides money to your employees in the event that they cannot work due to ill health or a disability. This will be an amount based on a percentage of the employees' salary and an additional amount can be selected to go towards the members retirement contributions. This will ensure their financial stability during that time.

There are two different types of income protection cover that can be provided:

- Income Protection: A monthly payment is made until retirement age if your employee is permanently unable to work due to ill health caused by illness or injury.

- Temporary Income Protection: If your employee is unable to work due to ill health or an injury, a monthly payment is made to them for a limited period while they recover. This gives them the time to adjust, and work out how to adapt for their lifestyle and needs.

Designed to fit your company:

- The choice is yours. You can choose to provide permanent or temporary Income Protection cover for your employees. In addition the waiting period before claim, length of payment in claim, and escalation of payment in claim can all be selected to fit your company.

Hassle-free HR: Our Group Income Protection is quick to purchase and easy to use, with 1-2-1 support when you need it.

- Online HR portal to view and manage your employee’s benefits.

- Medical underwriting is required for employees with cover above the Free Cover Limit.

- Guaranteed cover for all eligible employees (up to the Free Cover Limit).

Inspire life with an app that people love and use:

- Foster a culture of healthy living and boost productivity levels with the YuLife App. Encourage your team members to engage and make incremental changes that significantly enhance their lifestyle - both within the workspace and at home.

Related Products
Income Protection

YuLife

Employee Benefits

Group Income Protection Insurance that protects, rewards and inspires life. Group Income Protection provides money to your employees in the event that they cannot work due to ill health or a disability. This will be an amount based on a percentage of the employees' salary and an additional amount can be selected to go towards the members retirement contributions. This will ensure their financial stability during that time. There are two different types of income protection cover that can be provided: - Income Protection: A monthly payment is made until retirement age if your employee is permanently unable to work due to ill health caused by illness or injury. - Temporary Income Protection: If your employee is unable to work due to ill health or an injury, a monthly payment is made to them for a limited period while they recover. This gives them the time to adjust, and work out how to adapt for their lifestyle and needs. Designed to fit your company: - The choice is yours. You can choose to provide permanent or temporary Income Protection cover for your employees. In addition the waiting period before claim, length of payment in claim, and escalation of payment in claim can all be selected to fit your company. Hassle-free HR: Our Group Income Protection is quick to purchase and easy to use, with 1-2-1 support when you need it. - Online HR portal to view and manage your employee’s benefits. - Medical underwriting is required for employees with cover above the Free Cover Limit. - Guaranteed cover for all eligible employees (up to the Free Cover Limit). Inspire life with an app that people love and use: - Foster a culture of healthy living and boost productivity levels with the YuLife App. Encourage your team members to engage and make incremental changes that significantly enhance their lifestyle - both within the workspace and at home.

Education Benefit

YuLife

Employee Benefits

The YuLife Education Benefit provides money to employees' children in the event of their death or permanent disability (if selected), to help cover the costs of their children’s education and care needs with dedicated funds that are safeguarded in a trust. How it works: - A benefit that can be customised to fit your needs: The choice is yours. You can choose to provide a certain amount based on 1-5% of an employee’s annual salary and the age of the children as a payout into the trust. - An easy addition: The YuLife Education benefit is a supplementary benefit to Life or Lump Sum Disability cover. - Secured funds: An amount per child based on the member’s salary is placed into a dedicated trust which is managed by an appointed trustee rather than a claims administrator. - Future flexible: Managed in the trust and can be used for: education fees, school clothes and stationery, sporting equipment as well as food, transport and personal care. - No ‘use it or lose it’: Any funds left over can be used when the scheme is terminated to help launch the child into the next stage of their life. Hassle-free HR: The Education Benefit is quick to purchase and easy to use, with 1-2-1 support when you need it. - Online HR Portal to view and manage your employee's benefits. - Users have access to their cover in-app Inspire life with an app that people love and use: Foster a culture of healthy living and boost productivity levels with the YuLife App. Encourage your team members to engage and make incremental changes that significantly enhance their lifestyle - both within the workspace and at home.