Staff Income Replacement, or Permanent Health Insurance, is designed to enable employers to provide a replacement income (and other associated benefits) to employees who are unable to work as a result of illness or disability.

The Income Replacement is set up to pay the member of staff directly, thereby removing a moral quandary and financial burden from the company.

Most businesses rely on a specific number of staff that the
company has determined that they need to efficiently
run their business with. This means that a business
could be adversely affected quite significantly if a member
of staff is lost through a long term illness, death or disability.