Corporate Schemes

Ant Insurance are presently developing an Accident and Sickness Income Protection Corporate Scheme that will be available to groups and businesses with between 10 and 500 employees/members.

What is Accident and Sickness Income Protection? Accident and Sickness Income Protection is an insurance product designed to help individuals through times when they are unable to work because of an accident or illness. Although all UK companies are obliged to pay up to 28 weeks of statutory sick-pay, few companies offer to pay full income for extended time off.

Even when times are hard, rent, mortgage payments, utilities, and food must all be paid for. Statutory sick-pay only amounts to around £280 a month, which will not stretch far. Additional financial concern adds unnecessary stress to an already difficult time
and this is where Income Protection can help. By paying a small monthly premium, an individual can insure a substantial part of their income against them being unable to work. In the event of them having to take time off work to recover from illness or injury, this money can go towards paying bills that would otherwise prove next to impossible to meet without substantial savings.

What is Group / Corporate Accident and Sickness Income Protection? Group / Corporate Accident and Sickness Income Protection is Accident and Sickness IP specifically designed for businesses. It can be purchased by a company for its employees or negotiated by an organization to allow cheaper rates for those members that choose to apply. It allows all those who become covered by the policy to benefit from the peace of mind that they are protected by award-winning Incapacity insurance, and it does so at a greatly reduced “corporate” rate.

By offering this policy as part of an employment package, businesses can use it as an incentive to attract and retain the best staff, or even use it to “outsource” present sick-pay schemes and save on out-goings.

The Corporate Scheme from Ant Insurance

Ant Insurance (a trading name of FIUK.com) is a multi-award winning provider of mortgage and income protection insurance. We have a reputation for the development of flexible, consumer friendly products and are presently developing an Accident and Sickness Iincome Protection Corporate Scheme that can be tailored to the needs and budgets of every business and group. For more information, please contact Robert Pell on 020 8972 9557 or at rob@antinsurance.co.uk