By Emily Perryman 6 December 2016.
Advisers and insurers share their thoughts
A recent green paper has indicated that there is at last official recognisation in Westminster that group income protection has a major role to play in targeting sickness absence and helping people get back to work. But will it be enough to boost take-up among employers? Emily Perryman reports.
A recognition by the government that group income protection (GIP) should play a bigger part in tackling sickness absence has been welcomed by the group risk industry, which views employer-based schemes as the logical way of helping to close the UK’s protection gap.
Alongside a proposed review of statutory sick pay (SSP), which could lead to people making “phased” returns to work, the government’s Improving Lives green paper states that GIP policies have a much greater role to play in supporting employers to invest in health and wellbeing.
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