We’re thrilled to announce our strategic partnership with mental health and safety specialists, Mente Health, Employee Wellbeing.
With over £26 billion lost each year due to mental illness and the Centre of Mental Health recently advising stress is the epidemic of the 21st century, this is a serious problem for employers.
Businesses no longer just have to consider their duty of care to look after the mental and physical health of their employees, they also have to consider their legal responsibility, more so with the recent abolishment of tribunal fees making the risk of claims in the workplace on failings in mental health more of a worry for organisations.
Our partners, Mente, can help businesses tackle mental health issues with their sophisticated diagnostic tools. Their awareness raising programmes offer support through e-learning, workshops and also include feedback taken from employees on what is causing poor mental wellbeing. Mente consist of doctors, HR specialists and lawyers.
Simple steps to improve the management of poor mental health in the workplace should enable employers to save 30% or more on the current mounting costs. With ACAS citing the cost of mental health the biggest threat to businesses, mental health can have a serious impact on productivity.
Mental health can also have a major effect on insurance cover whether that’s for company health insurance schemes such as business protection and group risk or schemes aimed at individuals such as personal protection, dental and travel insurance.
We know of cases where people who have suffered from Anorexia Nervosa and Bulimia, have subsequently been refused life insurance and critical illness cover, even though they no longer suffer from these illnesses and have recovered for a number of years. What’s most frustrating is that statistics prove that you are less likely to suffer from these disorders again if you’ve already had them, than if you’d never been diagnosed in the first place!
Recent press coverage cites a case where a young lady was refused travel insurance when she revealed she had bipolar disorder. The insurer wouldn’t cover her even if she paid a higher premium. You can read the article in The Independent here.
As an independent insurance broker we can provide tailored advice and support specific to your personal circumstances and your insurance requirements. We have access to the whole insurance sector so can source a solution that is suitable for you, regardless of your situation.
Call us on 01772 585085 and see how we can help you.
For more advice on Mente and the support they can provide to your business see www.mente.co.uk
