Group Insurance programs offer coverage to any type of business as well as to organizations, such as Associations, Unions, etc., for risks related to Life and Health or issues related to Savings and Retirement.
Group Insurance, as a separate branch of Insurance, is particularly important for the individual because it fills the gaps in social security and extends protection to areas in which state social policy organizations are not involved.
What are the advantages of Group Insurance?
A. For your business:
- It provides substantial coverage to employees at low cost, which is further reduced as premiums are deducted up to € 1,500 for each employee from your company's gross income.
- Creates strong employer-employee relationships.
- It is a motivation to attract and retain capable people.
- Constantly motivates the staff.
- It differentiates you from your competitors.
- Increases the prestige and improves the image of your business.
B. For your employees:
- It is a reward for their loyalty to the company and for their efficiency.
- Indirectly boosts their income.
- It is a more substantial benefit than a corresponding salary increase, since the employee has no withholding and is not taxed.
- It protects them from the consequences of unforeseen events.
- It complements and upgrades the benefits of their Social Security.
- It enables them to cover their family members as well.
- It gives them a sense of security and safety and allows them to be more optimistic about their future.
K. Skarpas SA is able to create for its customer the best coverage package and to provide the most complete solution.
