Personal protection is an umbrella of different insurance services and products, providing your employees with peace of mind and reassurance that their family is covered should the worst happen. Read on to get all the details.
Personal protection is a catch-all that includes a range of different insurance services. Most commonly, life insurance, critical illness cover, and income protection are included under the personal protection umbrella. Whole of life insurance, and life plans for older people may also be included, depending on your individual needs and goals. Personal protection can be as comprehensive as you need it to be and is easily tailored to your budget and requirements.
Personal protection is, as the name suggests – it’s personal, designed for individual people rather than for the business itself. This means that personal protection is taken out for individual employees directly, instead of the business acquiring a plan for the employees like the Relevant Life, Executive Income Protection, Key Person and Shareholder insurance plans.
At WIS Business Protection, we have the knowledge and experience to connect you with the right personal protection insurance for your employees. Whether you have a handful of people to insure or hundreds, we connect you with the best insurers to give you the best deal possible. Want to know more? We’re just a phone call or message away, so drop us a line today. Our skilled team would be happy to assist you.
As personal protection is generally taken out on a person-by-person basis, eligibility will generally depend on the age of the person applying as well as, health issues, amount of cover and length of policy. All these affect the premiums on the plan.
Ready to book a meeting with our specialised team at WIS Business Protection? Our diary is open to you. Whether you have questions about our insurance or you want to know more about what we do, our team are on hand to assist you.
