When a key employee is unable to work following an accident or illness, it is not only the employee and family who suffer. The disruption for his or her employer can be significant - and expensive.
Business Health is a group personal accident policy which provides a lump sum, or weekly benefit, following the accidental injury of an insured employee. Payments are made directly to the employer and can be used to pay for overtime or to employ temporary staff during the period of absence. Alternatively the cover can be used as a valuable employee benefit and the payments be given directly to the injured employee.
Because cover is bought for a group of employees, it is possible to have a high level of cover at a relatively low cost per person.
Benefits fall into two categories
 | Death and Capital Benefits This provides a lump sum - up to 5 times annual salary - if the insured person is killed or suffers permanent loss of use of a limb, eye, speech or hearing or is permanently prevented from returning to their usual type work. |
| Weekly Benefits This provides a weekly income when an insured employee is temporarily prevented from working |
Cover can be operative
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24 hours a day |
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While the employee is working or commuting |
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While the employee is working only |
Can you afford not to protect your business?
The information on this page is for guidance only. Conditions and exclusions apply. Please refer to our full policy wording - available on request and with every quote.