Our Income Protection Plans

Plan overview for Advisers

For clients who want short term income protection for illness or injury with a claim period limited to 1 year or 2 years.

For clients who want income protection for illness or injury until Plan end date.

For clients who want income protection for illness or injury with an investment element that provides a lump sum pay out at Plan end date.

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An income protection plan that pays your client an income if they are unable to work due to illness or injury that is tailored to their individual needs.

Type of Plan
Protection only
What is the youngest/oldest I can be to buy a Plan?
What is the minimum time I can have a Plan for?
5 years
Maximum age at end of Plan
50 to 70
How long must I wait before making a claim (Deferred Period)?
1, 4, 8, 13, 26 or 52 weeks
What is the maximum salary (before tax) you will cover?
£100,000 per year
Max benefit % income
What is the maximum benefit payment I could receive?
£60,000 per year
What is the longest time I could claim for?
To Plan end date, but short-term options are also available
Can I claim multiple times on the Plan?
Does the benefit payment stay the same?
Yes - with option to increase benefit in line with RPI
What does Incapacity mean?
An illness or injury occurring during the cover period which prevents you from engaging in your 'own occupation'
Are my Premiums guaranteed or are they reviewed?
Guaranteed for the first 5 years, then reviewed annually
Is my benefit payment linked to the retail price index (RPI)?
If selected will increase by RPI (max 10% per year)
Is there a waiver of Premium?
After 'Deferred Period'
Rehabilitation Benefit
Proportionate Benefit
Is there a guaranteed income option?
When and how will my benefit be paid to me during the claim?
Twice monthly via direct credit
Is there a tax free lump sum at the end of the Plan?
Are there additional benefits with the Plan?
Free Member Assistance Programme

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