Purely IP

A straightforward income protection policy with all the benefits of our other policies but with no investment element.  Designed to provide a great value income protection policy for those Purely interested in protecting their income.

This plan benefits from having:

  • No Occupational, Gender or Smoker loadings.
  • No Investment Element
  • Guaranteed premiums
  • Deferment Period options - Day One, 4 weeks, 8 weeks, 13 weeks, 26 weeks, 52 weeks.
  • 'Own Occupation' definition of incapacity.
  • Maximum Cover - Up to 60% of gross income to a maximum cover level of £654 per week or £34,000 per annum.
  • Waiver of Premium - Comes into effect after 52 weeks of benefit payment.
  • Level or Escalating Benefit - Benefit payments remain constant throughout the claim or payments increase annually in line with RPI by a maximum of 10% per annum.
  • Age related premiums- increases with age attained on the 1st January in line with the published rate table.
  • Access to our Members Assistance Program
  • A choice of retirement age between 50 and 70 inclusive.
  • Career break and premium holiday facility.
  • Rehabilitation Benefit, Proportionate Benefit, Terminal Illness Benefit, and Medical Expenses Benefit are automatically included.