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Group salary continuance

Group salary continuance insurance is a great way to add value to your employee’s packages since it is paid directly to the employee but also protects you as the employer in the event of their death or permanent disability.

Packages vary but normally include:

  • Cover for death, disability or specific injuries
  • Cover for when employees are on leave without pay periods
  • Flexibility to choose waiting periods

This form of life insurance offers excellent benefits to both employers and employees.

For employees

  • High level of benefit that they do not have to pay for directly
  • Particularly attractive if they do not have their own income protection.

For the employer:

  • Low cost for the protection it gives since it is bought for a group of people.
  • Provides an excellent way to attract and retain good staff

Call us now on 1300 799 422 or email life@oib.com.au to talk to one of our local advisers to find out more how we can build all sorts of employee benefit packages.