Flexible Insurance to Fund Back-Up Child and Adult Care

Caregiver insurance is a care cash plan designed to assist employees who face unexpected caregiving emergencies. It provides a rapid payout to cover immediate caregiving needs when an employee’s health or personal circumstances prevent them from fulfilling their usual caregiving responsibilities, or when care arrangements break down. This benefit ensures continuity of care for the employee’s loved ones, helping to reduce stress, maintain work-life balance, and support employees' financial security during challenging times.

Our caregiver insurance solutions are designed to complement and enhance your existing Employee Assistance Programmes (EAPs). By providing direct financial support for caregiving emergencies, our care cash plan adds an extra layer of assistance to help employees manage both work and caregiving responsibilities. This integration ensures that employees receive comprehensive support—from counselling and wellness resources offered by EAPs to financial assistance during caregiving crises—fostering a well-rounded approach to employee wellbeing.

Yes, caregiver insurance can significantly reduce employee absenteeism. By providing financial support during caregiving emergencies, it enables employees to secure backup care for their loved ones without added financial stress. For those employees who prefer not to use professional carers, a cash payout enables them to use their family and friend network instead, meaning absenteeism is no longer inevitable for them. This support allows employees to focus on recovery and return to work more quickly, promoting both productivity and employee wellbeing.

Caregiver insurance is designed to complement, rather than replace, existing business health insurance policies. It adds an additional layer of support by addressing the unique needs of employees with caregiving responsibilities. While traditional health insurance focuses on personal medical needs, caregiver insurance provides financial assistance specifically for caregiving emergencies, offering a more comprehensive approach to employee wellbeing and resilience.

Caregiver insurance supports employee retention by offering meaningful assistance to employees managing caregiving responsibilities. By providing financial support during caregiving emergencies, our care cash plan reduces the stress and challenges that often lead to employee turnover. When employees feel supported in balancing work and parenting or caregiving, they are more likely to remain loyal to their employer, contributing to a stable and committed workforce.

Our caregiver insurance provides comprehensive support to meet the diverse needs of employees with caregiving responsibilities. This includes:

• A care cash plan: Direct support during caregiving emergencies to cover costs for alternative care, using professional backup carers or their own network.
• Care marketplace: Immediate options for professional care when primary caregivers are unavailable.
• Personalised Support Teams: Assistance in building a network of trusted individuals to share caregiving responsibilities.
• Educational Resources: Tailored guidance and practical tips to empower caregivers and help them manage their responsibilities effectively.

This holistic approach ensures that employees feel supported both financially and practically, helping them balance work, parenting and caregiving with confidence.