Holloway Friendly Members

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Classic Plus Plan

The newly re-launched 'Classic Plus Plan' offers members a quality Income Protection plan, with a range of options.

Key Benefits

Level or Escalating Benefit - Benefit payments remain constant throughout the claim or payments increase annually in line with R.P.I by a maximum of 10% per annum.
No Occupation or Smoker loading - No premium loading will apply regardless of occupation, premiums are not reviewable on an individual basis.
Deferment Period options - 4 weeks, 8 weeks, 13 weeks, 26 weeks, 52 weeks.
With Profits Policy - Following 36 months membership there is an annual profit allocation and compound bonus. This can grow substantially, especially as personal claims are not deducted from the accumulating retirement lump sum. This plan also currently benefits from the addition of a Terminal Bonus.
Waiver of Premium - Comes into effect after 52 weeks of benefit payment.
Maximum Cover available - Up to 60% of gross income to a maximum cover level of £700 per week or £36,400 per annum

Classic Plus Plan

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01452 526 238

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Registered and Incorporated under the Friendly Societies Act 1992. Register No. 145F Founded in 1880.
Authorised and regulated by the Financial Services Authority. FRN 109986.
Copyright © Holloway Friendly 1998 - 2008