Group risk - boosting the sector's image

clock

The industry knows group risk benefits are valuable, but does anyone else? The sector needs an image boost to thrive, says Peter Fenner.

The value of group risk benefits to individuals, companies and society is no secret to those of us within the sector, but outside it sometimes seems that it might as well be. While the profile of pensions has benefited from the eternal public debate about what can or should be provided, to the extent that some groups are even ready to resort to industrial action to protect their pension rights, death and disability benefits go largely unnoticed. But this is crazy. Not just because the actual benefit to those people in receipt of claim benefits is vast, but also because if group risk i...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Protection

Record protection payouts must spur advisers on

Record protection payouts must spur advisers on

These aren't products that sell themselves

Ahmed Bawa
clock 01 November 2024 • 5 min read
Could a broader advice definition boost protection's reach?

Could a broader advice definition boost protection's reach?

'No one wakes up in the morning thinking about buying life insurance'

Paul Yates
clock 22 October 2024 • 4 min read
Are we talking enough about protection and succession planning?

Are we talking enough about protection and succession planning?

Why are more IHT liabilities for gifts not being protected?

Naomi Greatorex
clock 30 September 2024 • 4 min read