Group Income Protection

Group Income Protection protects your employees from loss of income by paying them a monthly income if they are unable to work for a prolonged period due to long term illness or injury.

Protection for employees

Attract top talents

Retain your best employees

Offer financial protection

Tailored solutions

Group Income Protection is designed for employers who want to provide an income protection plan for employees. The premiums are paid for by the employer and qualify as business expenses that can be offset against corporation tax.

The employer can also elect to have pension contributions covered under this plan. If you need to claim, we will pay the income benefit to the employer, who passes it onto the employee through salary, making any relevant deductions such as tax and USC (Universal Social Charge).

How group income protection works

You protect your employees against loss of income

We pay your claims with minimal fuss

We support you in absence management and long-term sick leave prevention

Group Income Protection is sometimes referred to as Permanent Health Insurance (PHI) or disability cover. At Zurich, we know that the health and wellbeing of a company’s employees is important. We aim to pay valid claims with minimal fuss. We will also offer the right absence management support to you and your employees early on, to try to prevent long-term sick leave. In some cases, we will work with employees to fund the right treatments to help rehabilitate and get them back to work.

Flexible process

Our Group Income Protection is flexible to a company’s needs and can make a real difference to a rewards package. To quote for your business, we need some information from you or your Advisor. We will work with you to make the process as simple as possible, and our dedicated Group Risk Team is on hand to help with any queries.

Get in touch

Contact your Scheme Advisor to learn more about Corporate Solutions from Zurich.

Alternatively, contact Zurich below:

Other group risk benefits

Life Insurance

Protect your employee families in the event something happens to them.

Pension protection

Insure employee's pension contributions for long term sick leave with option to add serious illness cover.

All employee benefts

Learn more about all the employee benefit solutions available at Zurich.

Important information

The information contained herein is based on Zurich Life’s understanding of current Revenue practice and may change in the future.