Best Insurance

Employers cut back on income protection insurance(10-Jan-2011)

As per the latest report published by the leading research agency - BDRC Continental, more and more employers are cutting benefits to their employees and group income protection insurance is one of these.

Only 7% of small businesses offer group income protection insurance to their employees. This means that a vast majority of employees are unprotected if they lose their jobs.

Stuart Boseley, Director of Best Insurance advised that everyone who is employed in the small business sector should check with their employers if they are covered under any group income protection scheme. It is important to know the fall back options, if anyone loses their job. If the employer does not offer any group schemes, getting a good redundancy cover or income protection insurance cover from a leading insurer is important to keep the cash coming in.

Best Insurance is a specialist protection insurance provider and will be happy to advice its customers from its range of income protection and payment protection policies.