The Protection Revolution was created by Martin O’Connell in late 2024. Martin has been in the financial services profession for over 40 years and, most recently, spent 12 years as a Franchise Director for Vitality Health and Life based in the East Midlands.
yes and if the government or regulator ever wake up which is doubtful, they may just realise that if every company employing people could take out a group income protection plan unum do with 3 members,
realize they can claim against corporation tax, however whilst paying employer ni for £5000 upwards not something they are thinking about.
can they not realize that this would take the strain off the welfare state, even if they had to allow the premium in a salary sacrifice or , alter the ssp benefit. anything is possible
the days of employee income protection needs a complete rethink for employees, and with it solving a major crisis, so everyone will have income coming in to meet their needs
Otherwise turn the lights out the last one to leave
You can take an employer to the water but you cannot make him drink
employers are all on the bones of their backsides , through this dimwit government
Think this is spot on and should be considered for all- I think IPP tends to take more of a back seat with many employed clients as they have sick pay at work (unless they leave of course) and there is a conflict between whether to fully insure in addition to sick pay (but they may not be entitled to pay out) v not enough and gaps in cover (although could be covered by savings). What is average period if valid claim as a norm?
yes and if the government or regulator ever wake up which is doubtful, they may just realise that if every company employing people could take out a group income protection plan unum do with 3 members,
realize they can claim against corporation tax, however whilst paying employer ni for £5000 upwards not something they are thinking about.
can they not realize that this would take the strain off the welfare state, even if they had to allow the premium in a salary sacrifice or , alter the ssp benefit. anything is possible
the days of employee income protection needs a complete rethink for employees, and with it solving a major crisis, so everyone will have income coming in to meet their needs
Otherwise turn the lights out the last one to leave
You can take an employer to the water but you cannot make him drink
employers are all on the bones of their backsides , through this dimwit government
Think this is spot on and should be considered for all- I think IPP tends to take more of a back seat with many employed clients as they have sick pay at work (unless they leave of course) and there is a conflict between whether to fully insure in addition to sick pay (but they may not be entitled to pay out) v not enough and gaps in cover (although could be covered by savings). What is average period if valid claim as a norm?