Advisers must wake up to the hierarchy of protection needs

2 Comments

1. 

   david berry on 2nd October 2025 at 12:03 pm

   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

   Reply
2. 

   Jane Hodges on 2nd October 2025 at 3:56 pm

   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?

   Reply