Our Income Protection Plans

Carmel, Adviser Support
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Plan overview for Advisers

 

See details

Get a Quote

See details

Get a Quote

See details

Get a Quote

  Short-term Income Protection Purely Income Protection Classic Plus
  For clients who want short term income protection for injury or illness with a claim period limited to 1 year or 2 years. For clients who want income protection for injury or illness until Plan end date.

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

Type of plan Protection only Protection only

Protection with investment element

What is the youngest/oldest I can be to buy a Plan?

18/59

18/59

18/54

What is the minimum time I can have a Plan for? 5 years 5 years 5 years
Maximum age at end of Plan 50 to 70 50 to 70 50 to 70
How long must I wait before making a claim (deferred period)? 1, 4, 8, 13 or 26 weeks

Day 1, 4, 8, 13, 26 or 52 weeks

4, 8, 13, 26 or 52 weeks

What is the maximum salary (before tax) you will cover? £100,000 per year £100,000 per year £100,000 per year
Max Benefit % Income 60% 60% 60%
What is the maximum benefit payment I could receive? £60,000 per year £60,000 per year £60,000 per year
What is the longest time I could claim for? One or two years only To plan end date To plan end date
Can I claim multiple times on the Plan? Yes Yes Yes
Does the benefit payment stay the same? Yes - with option to increase benefit in line with RPI Yes - with option to increase benefit in line with RPI 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' An illness or injury occurring during the cover period which prevents you from engaging in your 'own occupation' An illness or injury occurring during the cover period which prevents you from engaging in your 'own occupation' for 104 weeks then 'own or reasonably suited' occupation thereafter
Are my premiums guaranteed or are they reviewed? Guaranteed to rate table.
Age-related increase each year on 1st Jan.
Guaranteed to rate table.
Age-related increase each year on 1st Jan.
Guaranteed to rate table.
Age-related increase each year on 1st Jan.
Is my benefit payment linked to the retail price index (RPI)? If selected will increase by RPI (max 10%  per year) If selected will increase by RPI (max 10%  per year) If selected will increase by RPI (max 10%  per year)
Is there a waiver of premium? After 'deferred period' After 'deferred period' Applied after 52 weeks of claim payment
Rehabilitation Benefit Yes Yes Yes
Proportionate Benefit Yes Yes Yes
Is there a guaranteed income option? Yes No No
When and how will my benefit be paid to me during the claim? Twice monthly via direct credit Twice monthly via direct credit Twice monthly via direct credit
Is there a tax free lump sum at the end of the Plan? No No Yes
Are there additional benefits with the Plan? Free Member Assistance Programme Free Member Assistance Programme Free Member Assistance Programme

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To contact Holloway Friendly:

Member Support:

Call: 01452 526 238
Freephone: 0800 716 654

Claims:

Call: 01452 782 754

Adviser Support:

Call: 01452 526 238

Underwriting:

Call: 01452 782 760