Create a benefits package that your employees will thank you for. If your employee experiences long-term illness or a disability, group income protection can be a comfort to them and their family during a difficult time.
This employee workplace benefit provides a partial replacement income. It offers protection for your team and peace of mind for your business.
It can provide a benefit ranging from two-thirds of the employee’s salary, up to a maximum of 75%, less the state’s illness benefit (the employee applies to the state for their illness benefit, which is paid directly by the state to the employee).
Payments start after a waiting period (known as the deferred period). Employers can choose waiting periods of 13, 26, or 52 weeks when selecting their policy.
The payment is made through payroll and is taxable. Employers can decide if the payment amount will increase annually.
The income protection payment continues until:
The benefit may also cease or be reduced if the employee takes up an alternative occupation.
Peace of mind that your employees and their families are supported during difficult times.
Shows commitment to workplace wellbeing and earns employee loyalty. Our group income protection includes early intervention services and rehabilitation support to help employees return to work.
Our group income protection complements existing benefits like group health insurance and group death in service schemes.
You can customise your protection policy to suit your business needs.
Group policies are cheaper per employee than individual income protection.
Tax relief is usually available on employer premiums (subject to certain conditions). Helps attract new talent, reduces staff turnover and recruitment costs.
Get guidance from our protection experts to pick the best policy. An efficient claims specialist team to make the process easy.
Reduces stress about income loss and financial anxiety. Includes personalised early intervention support, rehabilitation services and supportive return-to-work plans.
Provides regular income and lasting financial security during long-term illness (subject to the terms and condition of the contract). The employer pays the premium, so employees get significant protection as part of their benefits package. Pension scheme contributions can continue while receiving a claim payment, so your employees can save for retirement.
Non-medical limits mean that when joining a group income protection scheme, an employee is automatically insured up to an agreed limit without having to complete any health questionnaire or medical exam.
A huge help to employees who can’t work due to illness or injury. And peace of mind when running your business. Let’s talk about the best fit to support your business.
As the largest provider of group protection in Ireland, we understand the value group income protection offers to employers and their employees.
It’s a powerful way to provide peace of mind, protecting vulnerable employees during stressful times. 2,500 employers trust Irish Life to care for over 466,000 people with supportive employee protection benefits.
You can customise group income protection insurance for your business with help from our 50-person expert team.
We make the claims process easy and quick for employees, their families and employers who are supporting people during tough times.
In 2024, we paid over €75.5 million in income protection benefits to 3,428 employees. Our early intervention services and rehabilitation programmes have helped more than 700 people return to work (Irish Life, 2024).
Find out how to make a group income protection claim in our guide for employers below.
You can read or download these PDFs for more information and helpful insights.
Offer your employees protection when they need it most. Support your people and empower your business. Book your free consultation to find a custom solution for your business.
Tailored, flexible options to protect your team when it matters
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