A cost-effective way to protect your business and valued employees from hardship resulting from extended absence from work due to sickness or an accident.

Shepherds Heritage

Building on our financial strengths

Shepherds have been helping families protect their financial security since 1826 and today the business is in a stronger financial position than ever to expand our Group services.

The strong fundamentals provided by our status as a mutual society means we've been able to develop our business through new products and increased use of technology to improve our interface with members and customers.

Look at the facts:

  • £57.5 million - funds under management as an average over past two years
  • 18% - free asset ratio within society
  • 25,000 members - our current UK-wide member base
  • 96% customer satisfaction - as indicated by a recent member survey
  • 73% increase - in new business income in 2008

We'll put our 180 years of experience at your service to tailormake a Group

Income Protection Plan that suits you, your business and your employees.

Whatever business you're in, your employees are no doubt one of your most valuable assets. So protecting them against financial problems brought about by extended absence due to sickness or an accident is not only a significant benefit to them, but is also a means of maintaining morale and loyalty while reducing the potential damage to your business.

If you employ at least 5 people, Shepherds can tailor-make a Group Income Protection Plan that's both highly flexible and cost-effective in terms of your organisation's needs:

  • Competitive premiums

    Your Group premium will be based on the level of benefits your employees would need to see them through an extended period of absence from work. You can select from two options on cover - either cover at 100% of the employee’s salary (increasing if indexed) throughout the term of a claim OR a slightly cheaper option where cover will be at 100% of salary for the first two years and then reduce to 80% for the remainder of the claim period.

  • No special ratings that can increase premiums

    Unlike many Income Protection Plans, Shepherds doesn't apply increased rates by occupation or smoking and you'll find this makes us even more competitive. There will be NO MEDICALS AND ACCEPTANCE IS GUARANTEED for salaries up to £75,000. For those earning above £75,000 a quick and efficient tele-underwriting procedure will take place, avoiding employees having to take time off work for lengthy medicals.

  • The costs are under your control

    You can maintain control of costs by selecting specific waiting periods (from 4 weeks up to 52 weeks) before payments start to be paid.

  • Shepherds’ specialist advice and experience

    Shepherds have vast experience in this sector, having been set up to help families protect their incomes against sickness and accidents as long ago as 1826. This experience and expertise means our administrative procedures operate smoothly and efficiently and our record of handling and meeting claims is amongst the best in the industry.

Contact us today and let Shepherds show you how we can tailor-make a Group plan that suits you, your business and your most important asset, your employees.

The Shepherds Friendly Society is an incorporated society in the United Kingdom within the meaning of the Friendly Societies Act 1992 - No.240F.
Authorised and Regulated by the Financial Services Authority. Products featured on this site are only available to residents of the UK