A corporate income loss program (CILP) is a form of disability insurance. If you own a business then this can be a tax saving measure due to the corporation pays the premiums for the employees.

Talk to your agent or broker about this and other group plans for your employees. Taking control of this part of your insurance will help you to retain employees and reduce recruitment and training costs. As always, Turners Tips recommends that you ask the questions and do your comparisons before making a final decision.