We recognise that every business is unique and will always take the time to listen to and understand your particular set of circumstances. Utilising our many years of collective experience, we can help you to implement Employee Benefits or Business Protection that does what ‘you’ want it to do.
Whether you’re looking to offer a tailored Employee Benefits solution to reduce sickness absence, reward, retain or attract high calibre staff or implement Business Protection to mitigate against the death or disability of a key individual, our we’re are ready to help.
We have a history of building long standing, trusted relationships with our clients through providing a professional and personal service, and through being easily contactable when they need us. Being a good employee benefits broker is about more than being an intermediary between the client and insurer and we regularly support our clients through very challenging and emotional situations throughout the policy year.
Our support extends to expediting claims, challenging insurers to make sure that you’re being treated fairly as well as taking the time to educate you and your employees on the benefits that you’ve implement to maximise their value to both you and your employees
We have found BHIB Insurance Brokers to be a quite unique brokerage in that they combine outstanding professionalism with a friendly atmosphere to provide superb service to their clients.
is designed to cover the private medical costs for an acute medical condition. There are many levels of cover available, and plans can be tailored to suit your requirements. Private Medical Insurance continues to be one of the most valuable and sought after benefits by employees.
Group Life (Death in Service) – will provide a financial lump sum in the event of an employee’s death. Quite often benefits are set as a multiple of salary. Benefits are then payable to the employee’s next of kin. Group Life is usually arranged under trust and will then normally fall outside of any inheritance tax requirements.
Relevant Life Cover – Offers a “death in service benefit” to individual employees. You may wish to consider this if you want to provide a tax efficient benefit for one or more employees but do not wish to set up a group arrangement.
Group Critical Illness – will provide a financial lump sum in the event of an employee being diagnosed with a critical illness that is listed by the Insurer. The benefit is often offered as a multiple of salary.
Will pay an agreed percentage of an employee’s salary if they are absent from work due to illness or injury. This type of cover has a deferment period and usually will not provide cover until the employee has been absent from work for 12 weeks or longer. The benefits can be set to pay a claim up to retirement or have a restricted time period. Once the employee is fit to return to work the claim would then cease.
Is designed to provide financial support towards dental costs.
Can be offered stand alone or to compliment a Private Medical Insurance plan already in place. There are varying levels of cover available that will provide a specified cash payment back to you for specific procedures (e.g. optical & dental etc).
Sometimes an EAP is included as part of the benefits you receive, especially with Group Income Protection Plans. However they can be obtained on a stand-alone benefit basis and will provide advice to your employees on a number of aspects of life including legal, financial and health matters. Most services are offered via telephone help lines, but the benefits usually include some cover for face to face counselling sessions.
Key Person Cover – is a life cover taken out by a business on the life of one of its employees or directors. The cover is designed to protect the net, pre-tax profits of small and medium-sized companies in the event of death or serious illness of one or more of the company’s key employees.
Shareholder Protection – Shareholder and Partner Protection provides a business with a cash lump sum if a business owner dies or suffers a severe illness. This lump sum provides the capital to enable the surviving business owners to purchase the deceased’s or incapacitated individuals’ share of the business – allowing them to keep control of their business.