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Actuarial Post - Research from GRiD shows that one of the main barriers to Group Income Protection (GIP) are actual and perceived costs

The research* was conducted among industry leaders at a healthcare and group risk forum and shows:

 45% believe that perceived cost is the main barrier to larger corporates offering GIP
 62% say that it’s a mixture of actual and perceived costs that hold smaller employers back.

 The findings support GRiD’s employer research which showed that, out of those employers who did not offer GIP, 26% thought it would be too expensive and 60% thought GIP would cost more than it does.

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