Income Protection | Wilson Organisation

Income Protection

Income protection provides a regular income if you are unable to work because of illness or injury.

Some employers have a Group income Protection policy, which provides a replacement income if an employee is unable to work due to illness or injury. Typically beginning after 6 months absence, it can pay up to 80% of the claimant’s salary until either they return to work or retire.

Income Protection forms a key component of a comprehensive employee benefits package and can help employers manage the internal risk of an absent employee and provide crucial financial support to employees and their families in the unfortunate event that they cannot work or earn an income.

Through an employers Group income Protection policy, rehabilitation experts can work with employers and employees who are ill or injured and off work. They can provide the guidance and support needed to help the employee take control of their life and – when they are ready – help get them back into the workplace.

Rehabilitation services can help an employer to address the barriers for an employee returning to work and develop a plan to get them back into the workplace. Ongoing management helps to make adaptations to the plans if situations change and provides support to both the employer and employee in doing so.

Benefits include:

  • Provides a level of income for your employees you don’t have to
  • The rehabilitation programme can help get employees back to work before you know it
  • Employees are reassured that they will be looked after if they are ill or injured
  • The provider will stay in touch with all parties, including GPs, to keep your employee on track and you up to date
  • The provider will let you know if reasonable adjustments have to be made to the workplace to uphold your duty of care

Over 100 years of innovation

  • 1914

    A successful launch! The Wilson Organisation was founded in Nottingham by Harold Wilson and became the first company in the East Midlands to offer a comprehensive insurance policy to the region’s fast-growing band of automobile drivers. Innovation from day one.

  • 1920s

    During the 1920’s, Wilsons developed its commercial insurance offering under the stewardship of Harold Wilson. Hopping forwards 80 years, Wilsons has developed a number of industry specialisms including a particular expertise in the food and drink sector. We created a unique insurance offering called “FoodProtect” and, through this service, have been able to deliver intelligence and cost-effective insurance programmes to a broad spread of leading food producers. The best thing since sliced bread? Maybe not, but we’re working on it.

  • 1949

    John Prow joined Harold Wilson in the business, marking the first generation of the Prow family’s involvement in The Wilson Organisation. Wilsons’ clients included leading Nottingham firm Boots The Chemist plus a number of operators in the burgeoning railway sector. With post-war regeneration beginning apace, the firm’s fledgling construction expertise quickly developed into one of our leading offerings and this continues through to the present day, with clients including national and regional builders, developers, contractors, sub-contractors and architects.

  • 1960s

    The 1960s were the start of a new era for The Wilson Organisation. Harold Wilson and John Prow died on the same day in 1963, Harold of illness and John in a car crash. This left John’s son, John J Prow, to run the growing business at the age of 27. Under his youthful direction, Wilsons benefited from a new energy and direction. John J Prow, who had joined in 1960 in a new business role, led the move into our current premises at Wilson House in 1964 and then launched the financial services division in the following year.

  • 1990s

    The late 1990s heralded the start of the third generation of the Prow family’s involvement in the business. Managing Director Charlotte Prow joined in 1998, to be followed by the firm’s Chief Executive, Annabel Prow, in 2002. Product and service innovation continued apace with the launch of a corporate finance specialism in 1997, which continues to deliver valuable cost-savings and insights to the region’s dealmakers.

  • 2000s

    Now century on from the launch of The Wilson Organisation in 1914, the company continues to encourage innovation and reward good ideas. Within the financial services team, 2008 marked the launch of “Flex”, a powerful employee benefit programme and the development of “WRAP”, an investment tool with a unique level of investor control and transparency. Meanwhile, our insurance advisers worked quickly to bring to market a specialist insurance policy for insolvency practitioners.

  • 2010s

    2010 saw the launch of the Midlands Family Business Awards by Wilsons, the UK’s only independent not-for-profit Awards for family businesses. Now in their fifth year, the Awards have raised almost £20,000 for charities supporting families and young people. In 2014 we are celebrating Wilsons’ centenary, a significant milestone in Wilsons’ history.

Registered Office:
Wilson House, 1/3 Waverley Street, Nottingham, NG7 4HG

Registered in England Number 862690 - Members of British Insurance Brokers Association

Harold Wilson (Insurances) Ltd. and Harold Wilson Financial Services Ltd. are authorised and regulated by the FCA (Financial Conduct Authority)