Sick Pay Insurance for the Voluntary Sector
The main purpose of our scheme is to allow the employer to receive a benefit in the event of a loss of an individual through accident or illness so that a replacement can be employed or the benefit can be passed on the ill employee. Organisations can consider covering all employees or specific employees if they prefer. The scheme itself can cater for full time and part time employees.
As far as the costs of the scheme are concerned, this very much depends upon which employees and what level of benefit might be required. To assist us in providing a specific quotation for you, please complete our Voluntary Sector Sick Pay Scheme Enquiry Form. Different rates of premium apply depending upon how long the benefit is to be payable (this is usually a maximum period of either 6 months or 12 months) as well as the number of weeks excluded before the benefit starts to be paid. This normally means that the first week or the first 2 weeks or even the first 4 weeks of disability are excluded from cover.
You will appreciate that the shorter the exclusion period then the higher the premium will be. Conversely, if the maximum benefit period is to be 6 months instead of 12 months then the premium rate would reduce.
Pre-existing physical defects or infirmities are excluded from the cover provided. In addition, we have not been successful in persuading insurance companies to include stress related illnesses.
The loss of key staff due to accident or illness can cause major problems, not least to Funders who expect a return for their investment.
To complete the form and email it, please right click the link below and 'save as' or 'save target as' to your PC. Once completed, save the file and email it as an attachment to info at ladbrook.co.uk
Please use the application form to request a quotation for Sick Pay Insurance for the Voluntary Sector. Once completed, either email or print and post this form to us at the address below.