Employee Benefits & Business Protection
Employee benefits are now more important than ever and play an important part in protecting your people and business. Having the right benefits package in place can significantly support with sickness absence, recruitment and retention of talent and helping employees feel valued. Premiums can often be lower than anticipated and generally offset as a business expense.
Equally as important is to consider how the business is protected should you lose a key employee or shareholder. Key persons cover and shareholder protection are great ways of doing this, recommended to be part of your business plan.
David Roberts & Partners Employee Benefits offer a personal approach in providing bespoke advice and cost-effective benefit solutions, along with ongoing servicing and support.
Click a product for more information.

Private medical insurance gives employees quick access for diagnosing and treating medical conditions along with a range of support services. There are many options available which can be tailored to suit a business’s needs and budget.
As of September 2023, the NHS waiting list stood at nearly
7.8 million
(NHS Key Statistics)
58%
of people on NHS waiting lists have been waiting over 4 months for treatment with some waiting longer than 2 years
(office of national statistics)
Why consider Private Medical Insurance?
- Meet the increasing expectations of today’s workforce
- Improved absenteeism and presenteeism
- Aids a quicker return to work
- Helps employees feel valued
International Medical Insurance can offer comprehensive cover for private medical treatment whilst travelling abroad or residing in another country. Plans offer a range of benefits from routine medical appointments through to the more serious conditions such as cancer care.
Why consider International Medical Insurance?
- Standard travel insurance generally doesn’t offer the adequate level of protection for longer stays or living abroad
- Supports with chronic long term issues whilst abroad
- Helps companies fulfil their duty of care by ensuring employees have adequate healthcare whilst overseas
Plans can be provided as a company or individual, so whether you are someone who is relocating abroad or a company expanding into international markets, we can provide plans to suit your needs.
Health cash plans are low-cost plans which provide employees with monetary allowances for everyday health costs such as dental, optical, physiotherapy and much more. Employees can easily claim back costs up to the agreed allowances, easing the financial burden.
For as little as around £5 per month per employee, they can claim in excess of a
£1000
across a range of benefits
Why consider a Cash Plan?
- Can cover costs which your business may otherwise have to fund due to your legal obligations under health and safety
- Pre-existing conditions are covered
- Quick access to treatment without the need for a GP referral
- Unlimited private video or telephone GP appointments
Dental Insurance covers the cost of routine check- ups, restorative dental work along with dental injuries and emergencies up to agreed limits. Patients have freedom of choice and treatment can be provided privately or on the NHS.
Why consider Dental Insurance?
- Can lower absences due to poor dental hygiene or general tooth problems
- NHS dentists are reducing in numbers and costs for private treatment can be high
- No underwriting is required
As of June 2023,
less than 40%
of the population had seen a dentist in the previous 24 months
(Statista)
It was reported in 2023 that
23 million
sick days were due to dental pain in the year previous
(Simplyhealth – Denplan)
An employee assistance programme gives compassionate support to employees, across a range of issues such as minor stress and anxieties through to legal advice, with services available 24/7, 365 days a year.
Health Assessments help employees know how healthy they are and can highlight health issues such as diabetes, high cholesterol, and poor posture in the early stages; can also help a company build and develop their wellbeing strategy.
Occupational Health – independent services assisting employers and employees manage mental and physical health in the workplace, aiding with absenteeism and presenteeism.
Group Life Insurance also known as Death In Service is the most common of employee benefits, expected by many. The benefit offers a tax efficient lump sum payment to a beneficiary following an employee’s death, whether that be in the workplace or not.
According to CIPD,
61% of employers
offer death-in-service benefits
Why consider Group Life Insurance?
- Provides financial support for the family of the deceased
- Offers bereavement support for the family and colleagues
- Will not be taxed as a benefit in kind
Group Income Protection provides a continuing income for employees based on a percentage of their salary, as well as rehabilitation support if they cannot work due to long- term illness or injury.
Statutory sick pay is set at
£116.75 per week,
which can leave employees with financial worries impacting their recovery and return to work
Why consider Group Income Protection?
- Health and wellbeing services for the employees can reduce sickness and absence
- May cover costs a company would otherwise self-fund
- Helps to show employees their employer is committed to their health and financial wellbeing
Group Critical Illness pays a tax-free lump sum to an employee who is diagnosed with one of a wide range of potentially life- threatening conditions, including a heart attack, cancer or stroke.
The most common Critical Illness claims were cancer (57%), heart attacks (13%) and strokes (7%) with the average claimant being aged 48. The youngest ever claimant only being 22!
(Health and Protection 2022)
Why consider Group Critical Illness?
- More people are surviving the diagnosis of a critical illness which may affect their ability to work
- Provides employees with financial support should they be absent from work or finance medical treatment and associated costs
- Demonstrates you are committed to an employee’s health and financial wellbeing
Every business has at least one, if not more, key employees who absence (by death or diagnosis of a critical condition) would cause considerable financial impact to the business.
You can protect your business from the following financial losses with Key Person Insurance:
- Important business contacts being lost if the key person is not there to maintain relationships
- Customers and suppliers losing confidence in the business
- Increasing workloads for the remaining staff which could lead to numerous issues
- The burden of having to recruit and/or train a replacement
Who is considered as ‘Key’?
That is up to you to decide but examples are:
- Director/Manager
- Sales Person
- Technical Expert
- Research & Development Specialist
- Fund Managers
What are the risks?
- The deceased owner’s family could decide to the sell the shares, surviving shareholders could struggle to
raise finances and there could be disagreements over the terms of sale - The shares could be sold on the open market, a new shareholder could take control of the running of the company or could be unsuitable for the business
Shareholder Protection provides a financial safety net should the business lose one of its shareholders through serious illness or death. It provides the necessary funds to buy back these shares, ensuring they stay with the remaining shareholders as part of a contractual agreement.
An important part of business planning is ensuring that, not only is your Company protected, but its owners too.
You will likely already protect many of the important things that keep the Company running (like property, stock and fleet). So doesn’t it make sense to also protect its most valuable assets: your business owners!