Move it or lose it

Through group disability income insurance, employers are able to purchase an insurance policy that provides a replacement income to employees when they suffer long-term illness or become disabled.

This is an attractive and efficient system for both employers and their employees. However, the system is coming under threat from a combination of tax changes and the current economic climate. 

We believe a move to scalable benefits will go a long way to correcting this issue and stabilising this important market. 

Many shapes and sizes

Group disability income insurance comes in many shapes and sizes. For a start, there are many definitions of disability. These range from being unable to perform your current job with your current employer to being unable to perform any job with any employer. 

There are also several ways to calculate the level of income that needs to be replaced. Typically, the insurance will look to balance the need to provide an amount that is as close as possible to take-home pay. However, it but also .....

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