How Wageguard works
Wageguard is a group insurance product issued by Hannover to U-Cover under a single master policy. Participating employers acquire an interest in the master policy by completing an application form and paying monthly premiums. Eligible employees that are nominated by a participating employer are insured through the Wageguard master policy. Wageguard is managed and administered by U-Cover. Wageguard is not an investment product and is not designed to generate a return for any employee or employer.