Genesis Financial Partners, specialise in advising corporate clients on how to introduce employee benefits to attract and retain the best staff to their company.

We do this by working with you to design both the following for your employee’s

What is Group Life Insurance?

Group Life Insurance (GL) is taken out by employers or superannuation funds wanting to provide their employees or fund members with Death Only Cover (including terminal illness) or Death and Total and Permanent Disablement (TPD) cover (including terminal illness).

What is Group Salary Continuance Insurance?

Group Salary Continuance (GSC) insurance provides a monthly benefit (up to 75% of pre-disability income) for an insured member or employee who is unable to work due to illness or injury.

Both GL and GSC insurance are great ways for employers to add value to employees’ remuneration packages or offer competitive insurance through superannuation. It can also help provide financial security for members and their families.

Employee Benefits are a popular way of attracting and retaining the best staff. Two of the most popular components of an employee benefit program are the provision of Salary Continuance cover through a group arrangement sponsored by the Employer, and Death / TPD cover through the Employer default Superannuation Fund. These are universally regarded as excellent employee benefits by not only employees but also employers who have had to deal with the death or disability of a valued person. This can happen when least expected.

Talk to us now about implementing this for your employees