Employee Group Insurances
Providing employees with insurance protection to assist them financially in case of misfortune is a strong signal that you value them and can be a valuable tool when it comes to attracting and maintaining quality people.
Practically, it can also have direct benefits – if they do suffer illness or injury, any assistance provided is likely to help them recover faster and get back to work sooner.
Brampton offers:
Group Life Insurance Plans to suit the needs of your business and its employees. Options include life cover, terminal illness benefits and total and permanent disability insurance. Depending on the covers selected, employees can also be given peace of mind that, if they contract a critical illness, suffer a permanent disability or die, a lump sum will be payable – either for their own benefit or that of their nominated beneficiary.
Salary Continuance Insurance provides cover for employees suffering temporary disability that prevents them from working. Up to 75% of salary can be payable as a monthly benefit, so there’s less added stress as they recover. It is an extremely cost-effective management tool – with comprehensive solutions available for less than 1% of total payroll. The policy also safeguards against the potential for any moral or financial dilemmas for you, the employer, arising from severe injury, illness or death of an employee.
Brampton Risk are authorised representatives of Synchron, AFS Licence No. 243313