Every business worth its salt realizes that the key to success lies in its people. In the words of Virgin tycoon Richard Branson, “If you look after your staff well, they will look after your customers”. And in 2024, that increasingly means thinking about your employees' health and wellbeing. The health and wellbeing of employees have become central themes in the corporate world recently, driven by an awareness of the impact on productivity, job satisfaction, and overall company performance. But maybe you think your business "can't afford" to provide Group Insurance and employee wellbeing support. Well if that's the case, perhaps you should consider the costs of not providing it.Offering group insurance makes employees feel looked after, boosting morale and loyalty to the firm, and reducing absence and staff turnover. Plus, because these benefits are so highly prized, they'll also help your business lure and retain the top talent on the job market, contributing to a positive workplace culture overall.But there's an important proviso here. If all your insurance provider offers is coverage, then you're missing a trick. Because that's only covering one side of the employee health coin: dealing with problems when people's health goes bad. The other side of that coin is prevention: stopping health problems from emerging in the first place. Holistic approachMost traditional insurers don't even consider prevention, but YuLife sees it as key and places it at the centre of all our insurance offerings. So whether you take out employer-sponsored insurance for your team, such as group life, dental, vision or disability insurance with YuLife — or a combination of these policies — you'll find your employees becoming highly motivated to engage in regular physical and mental health tasks that instantly lift their overall wellbeing. Sounds too good to be true? Read on and we'll explain the simple way that it works.The YuLife wayWhen a company partners with YuLife to provide group plans, its employees gain access to the YuLife employee app, which uses a gamified approach to wellness that encourages employees to adopt healthy habits and engage in regular physical activity. The YuLife app tracks steps, cycling, meditation and other wellness activities. And when employees engage in these activities, they're rewarded with YuCoin: an in-app currency that can be redeemed at leading retailers. They can also be used to get discounts on products, services or experiences — or donated to charity or environmental projects. This playful approach motivates employees to make healthy choices and maintain an active lifestyle, improving their overall wellbeing and reducing the risk of chronic diseases.Social elementCrucially, there's also a social element to all this activity. YuLife regularly hosts activity challenges, encouraging employees to engage in specific healthy behaviors, such as completing a certain number of steps, meditating for a specific duration, or cycling a certain distance. Employees can also compare their performance to that of their fellow colleagues through the company-wide leaderboard, or compete in fun duels with their coworkers for extra YuCoin. These features add an element of competition and camaraderie, further motivating users to participate and achieve their health and wellness goals. As well as promoting mental wellbeing through meditation, YuLife users can also access a library of mindfulness and meditation exercises through the app. These resources help employees manage stress, improve sleep quality and enhance overall mental clarity.Typically, when YuLife is introduced, the vast majority of employees download the app. Engagement is high and it makes a positive change to the culture of the company — and you don't have to take our word for it! Have a look at our case studies to hear exactly what employees have to say.Investing in the health and happiness of your employees is no longer just a moral imperative. In the United States right now, it's a strategic decision that will pay dividends in the form of a resilient, engaged and high-performing team. These policies provide a lifeline for employees, reducing absenteeism and improving engagement.However, policies that ignore prevention are only addressing one-half of the employee health challenge. The world in 2024 demands not just reactive measures but a proactive commitment to preventive care and holistic wellbeing. With YuLife, businesses can navigate the evolving landscape of employee health, ensuring a workforce that is not only protected but also motivated to thrive.About YuLifeYuLife is an employee benefits and wellbeing app that’s reimagining the insurance industry by protecting lives, rewarding living and inspiring life. We’re on a mission to transform traditional insurance into a life-enhancing experience each employee will value and use daily. How does it work?Our award-winning app uses behavioral science and game mechanics to reward your people for living well while offering protection in case of crisis. And with our top-rated employee assistance program, your team gets access to mental, financial and social support, nutritionists, life coaches and more to help them live their best lives.Because we believe that your employees should benefit from their insurance from day one — and that wellbeing should be accessible every day, for everyone.Request a demo for your team today.