Yurtle Launches Protect+: The Ultimate Support Tool for Working Parents and Caregivers
Yurtle, a leading insurance technology company, has launched an innovative product called Protect+. This new offering is specifically designed to support working employees who are parents and caregivers, addressing the unique challenges they face.
Overview of Protect+
According to Life Insurance International, Protect+ was developed in partnership with carrier Convex and broker Price Forbes. Its primary purpose is to assist employees managing caregiving responsibilities by reducing unplanned absences and alleviating the financial strain associated with caregiving.
Key Features of Protect+
The Protect+ insurance product offers critical support in various scenarios, including:
- Discharge of a dependent from the hospital requiring immediate care
- Interruptions to regular social care
- Illnesses of children up to 15 years old preventing school or nursery attendance
- Closure of a nursery necessitating alternative care arrangements
Impact on Employers and Employees
Yurtle is recognized for its commitment to creating targeted insurance solutions that effectively meet specific market needs. By providing coverage options that assist working parents and caregivers, Protect+ aims to:
- Stabilize caregivers’ employment
- Minimize disruptions in the workplace
- Enhance productivity for employers
These features are essential for ensuring that employees do not face financial instability during challenging times, thereby promoting a healthier work environment.
Customizable Packages
Protect+ also offers tailored packages that cater to the unique needs of each subscriber. This flexibility underscores Yurtle’s responsiveness to the evolving requirements of modern workers.
Industry Leaders Weigh In
Yurtle founder Antonio Ribeiro expressed his excitement about the launch, stating: “This is an exciting innovation that will allow employers to address absence while better supporting caregivers in their workforce.” He emphasized that caregiving challenges are common, noting that four out of five people caring for an adult have experienced disruptions affecting their work.
Oliver Tozer, Class Underwriter at Convex, commented on the collaboration, saying, “Yurtle’s dedication to innovation within an underserved demographic of the workplace uncovered a distinctive opportunity which aligns with our values.”
Daniel Dunlop, Director of Personal Accident & Contingency at Price Forbes, added, “Yurtle offers an A* product supported by an A-rated insurer that enables caregivers financial support when they need it most.”
For more information about Yurtle and Protect+, visit their official website at Yurtle.com.
