Group Income Protection in Bournemouth
Running a business in Bournemouth means looking after your people as much as your profits. Employees are the backbone of any organisation, and when they are unable to work due to illness or injury, the impact is felt not only by them but also by the company as a whole. This is where Group Income Protection can make a real difference.
At Pineapple Insurance Services, we help employers across Bournemouth and the South Coast set up income protection cover that supports staff during difficult times while giving businesses confidence in their long-term resilience.
Why Choose Pineapple Insurance Services?
At Pineapple Insurance Services, we specialise in tailoring business protection solutions for UK companies. We work closely with top UK insurers to ensure you receive comprehensive cover that fits your company’s structure and goals. Our experienced advisors will help you:
Understand the different shareholder protection options
Calculate appropriate levels of cover
Set up cross-option agreements
Arrange tax-efficient policies
Review and adjust your protection as your company grows
Group Income Protection is an insurance policy arranged by an employer that provides financial support to employees if they are unable to work due to illness or injury. Instead of relying on statutory sick pay, which is limited and often not enough to cover living costs, this policy offers a percentage of their salary for a set period.
The cover doesn’t just provide money. Many policies include access to emotional support, rehabilitation services, and occupational health programmes designed to help employees return to work as quickly and safely as possible. For businesses in Bournemouth, offering Group Income Protection is not only a practical benefit but also a clear message that you care about your staff’s wellbeing.
The Benefits of Shareholder Protection
• Control remains within the business
• Prevents unwanted third-party involvement
• Provides financial certainty
• Strengthens investor confidence
• Shows forward planning and responsibility
Shareholder protection doesn’t just protect shareholders – it protects the entire company and its long-term goals. It’s a smart move for any business that values structure, continuity, and fairness.
Let Pineapple Bring You Peace of Mind
Private healthcare isn’t just for individuals.
We support local businesses and SMEs across Bournemouth with health insurance and employee wellbeing solutions.
Our business healthcare services include:
• Private Medical Insurance for staff
• Health Cash Plans that cover routine treatments like dental and optical care
• Access to virtual GPs, mental health helplines, and more
• Group plans that are flexible, scalable, and cost-effective
Offering these benefits helps boost employee morale, reduce absenteeism, and attract top talent in today’s competitive job market.
It shows your commitment to employee wellbeing, creates a healthier and more productive workplace, and positions your company as a forward-thinking, caring employer that people want to work for and stay with.
Financial Security for Staff
For employees, knowing they have income protection cover gives them reassurance that if they fall ill, they won’t face financial hardship. This helps them focus on recovery rather than worrying about bills and household expenses.
Business Continuity
For employers, the benefit is just as clear. When staff know they’re supported, morale improves, loyalty increases, and productivity rises. You also reduce the risk of losing valuable employees who might otherwise leave due to financial pressures.
Return to Work Support
Group Income Protection isn’t just about paying benefits. Many providers offer return to work programmes that include physical rehabilitation, counselling, and workplace adjustments. This proactive approach helps employees recover sooner, reducing long-term absence.
Mental Health Benefits
With mental health being one of the leading causes of absence in the UK, Group Income Protection often includes counselling, therapy access, and 24/7 helplines. This support makes a huge difference in helping employees deal with stress, anxiety, or depression.
How Group Income Protection Works
- 1. Employer Takes Out the Policy
- 2. The business sets up a scheme covering some or all of its employees.
- 3. Employee Becomes Unable to Work
- 4. If a member of staff is unable to work due to illness or injury, they notify the employer.
- 5. Waiting (Deferment) Period
- 6. There is usually a deferment period – the time between first absence and when benefits begin. During this time, the employee may rely on statutory sick pay or any company sick pay scheme.
- 7. Payments Begin
- 8. After the deferment period, the policy pays a percentage of the employee’s salary (often 50–75%) until they either recover and return to work, reach retirement age, or reach the maximum payment period.
- 9. Additional Services
- 10. Alongside the financial payout, insurers provide rehabilitation, counselling, and emotional support services to encourage a successful return to work.
Key Benefits for Bournemouth Businesses
Employee Retention: Staff are more likely to stay with an employer that values their welfare.
Reduced Absence Costs: Early intervention and rehabilitation can reduce the duration of sickness absence.
Business Reputation: Demonstrates a strong duty of care and helps position your company as a responsible employer.
Tax Advantages: Premiums are often deductible as a business expense, helping reduce overall costs.
Supporting Mental Health Through Income Protection
One of the most valuable aspects of Group Income Protection today is its role in supporting mental health. Long-term absence is not always caused by physical conditions. Stress, burnout, anxiety, and depression are increasingly common in workplaces.
Modern income protection schemes address this by offering:
• Access to counselling and therapy
• Mental health helplines
• Wellness resources for employees and managers
• Preventative support to stop small issues becoming major problems
By providing both financial cover and emotional support, employers in Bournemouth can create a healthier, more resilient workforce.
Why Work with Pineapple Insurance Services?
We’re a friendly, expert team that believes in doing things properly. You’ll also have peace of mind knowing we only work with providers who are authorised and regulated by the Financial Conduct Authority, like Legal & General.
When you work with Pineapple, you’re choosing:
Support
A single point of contact who knows your business
Expertise
Clear, practical advice with no jargon
Team Tailored
Full scheme management from launch to renewal
Clear Clarity
Tailored guidance for integrating multiple benefits
Flexibility
Support that goes far beyond a quote
Group Income Protection can be tailored depending on your business needs:
Short-Term Cover: Pays out for a fixed period, such as two years. Useful for businesses that want affordable protection without committing to long-term benefits.
Long-Term Cover: Continues until the employee can return to work, reaches retirement, or the policy ends. This is comprehensive protection that offers peace of mind for both employer and employee.
Real Example – A Bournemouth Business
Imagine a medium-sized Bournemouth firm with 40 staff. One of their employees suffers a serious back injury and is unable to work due to illness or injury. Without cover, the company would struggle to support them financially beyond statutory sick pay, and the employee might face real hardship.
With Group Income Protection in place, the employee receives a regular income replacement, plus access to physiotherapy and counselling. With tailored return to work support, they are back in their role within six months. The business retains a valued team member, avoids recruitment costs, and demonstrates genuine care for its workforce.
Why Choose Pineapple Insurance Services in Bournemouth?
At Pineapple Insurance Services, we specialise in making insurance simple, transparent, and tailored to your business.
• We’re independent insurance brokers with access to multiple providers.
• We understand Bournemouth’s local business landscape and the challenges employers face.
• We help you compare different options to find the most cost-effective and comprehensive solution.
• We provide ongoing support, including annual reviews, to ensure your cover evolves with your business.
Our focus is on giving you and your team peace of mind through flexible and reliable protection.
Getting Started with Group Income Protection
Setting up group income protection in Bournemouth is easier than you think:
1. Initial Consultation – We discuss your business needs and budget.
2. Policy Comparison – We research the market and recommend suitable policies.
3. Implementation – We handle setup and employee communications.
4. Ongoing Support – We provide assistance with claims, renewals, and adjustments as your business grows.
Take the Next Step
If you want to provide your employees with more than just a salary, it’s time to explore the benefits of Group Income Protection. Offering financial security, rehabilitation services, and dedicated mental health support, it’s one of the most valuable benefits a Bournemouth business can provide.
Contact Pineapple Insurance Services today to discuss how Group Income Protection can fit into your employee benefits package. With our expertise and personal service, you can protect your staff, strengthen your business, and gain the peace of mind that comes from knowing you’re prepared for whatever lies ahead.
At Pineapple Insurance, we craft tailored insurance solutions for businesses and individuals.
Our partnerships with leading insurers allow us to offer options that align with your values, backed by expert advice and exceptional service. We ensure all clients receive the most suitable plans from trusted providers within budget.
CLIENTS AND TESTIMONIALS
“Discussing healthcare benefits with Pineapple Insurance is always a positive experience. Their team combines expert knowledge with a personable approach, creating effective and budget-conscious solutions.”
