Hi all,

I need advice regarding Group insurance decisions (Went through insurance threads and could not find answers, hopefully I am not repeating what has been asked).

We are about to get Group life insurance, income protection and critical illness cover. We are a charity of about 20 staff. My questions  are:

-For the life insurance & critical illness, is it better to cover salary or a lump sum. If salary how many times between 1-10 is okay and for lump sum what is the average that will be considered okay/will this be pro rata for part time staff

-For income protection, how may percentage of the salary is okay to cover/ what is the average deferred period and cessation date used

Thanks

Dola