Strategic wellbeing | How income protection can benefit your business and your employees

If a cloud as dark as the pandemic can be attributed a silver lining, then it is surely the appreciation of the value of good health; maintaining it wherever possible; restoring it quickly – while removing any added financial pressures – when lost; or managing it to support work- and life-ability where long-term.

We’ve never been so aware of our vulnerability to health issues and of the limitations of the NHS in dealing with them.

Recent Legal & General research shows three quarters (75%) of employees with access to income protection via the workplace feel it is either ‘fairly’ or ‘very’ relevant to theirs and their family’s health, wealth and happiness.¹

Despite shrinking workforces and the desires for struggling employers to cut costs, the numbers covered by group income protection industrywide actually increased by 6.6% during 2020 -- compared to only 1.6% in 2019.²