What is income protection?
Income protection helps you pay your bills when you can’t work
This valuable benefit can help pay for your everyday needs – from keeping a roof over your head and food on the table, to ensuring your household bills are covered.
It’s common sense protection to see you through the hard times.
Plan highlights
Protect your bills and maintain your lifestyle
Our Lifestyle Protector is a simple income protection plan, that pays you an income if you can’t work due to accident or sickness.
Pays you between £300 and £1,500 a month
Benefits start once you’ve been off work for just 14 or 30 days and are backdated to the day you were signed off by your GP
It’s tax free – spend the money on anything you want
Proof of income not required
(Proof of work will be required)No health or financial questions
Options to include unemployment cover, life cover and critical illness cover
Accident and sickness benefit
(Choose between £300 to £1,500 monthly)
This is payable if you are unable to work due to accident or sickness. You'll need to be off work for longer than your chosen waiting period (14 or 30 days) before the benefit will start. It will be paid for as long as you are unable to work (with a maximum of 12 months).
When your first payment is calculated, it will be backdated to the first day you were signed off work by your GP, so you receive benefits for the full time you have been unable to work (with a maximum of 12 months).
Hospitalisation benefit
(£30 to £150 daily)
If you are hospitalised for more than 48 hours, you'll receive this benefit for each additional day you remain in hospital.
The benefit will be equal to 10% of your chosen accident and sickness monthly benefit and is payable for as long as you remain in hospital, for up to 30 days each year.
UNEMPLOYMENT BENEFIT
Include this benefit and the policy will pay you your monthly benefit if you become unemployed due to redundancy. That's additional reassurance against the unexpected.
LIFE COVER
This is payable upon death and provides a valuable lump sum benefit to your family, which they can use to pay off debt and safeguard their future.
CRITICAL ILLNESS COVER
This is payable upon diagnosis of a specified critical illness, including many types of cancer and other life threatening illnesses. Use the money to make changes to your lifestyle, take time off work to recover, or even enjoy a relaxing break.
Please refer to the Policy Document for a full list of benefits.
What's not included?
These are some of the key exclusions
HIV, AIDS and related conditions
Normal pregnancy
Drug addiction or alcohol abuse
Backache or whiplash (unless there is radiological evidence of medical abnormality)
Mental illness or stress
If you are away from the European Union for more than 90 days
These are some of the key unemployment benefit exclusions
We will not pay any Unemployment Benefits:
If it starts within 60 days of the Commencement Date
If it is a result of Your wilful misconduct, dishonesty or fraud
If it is a regular or seasonal event that occurs in Your Work
Please refer to the Policy Document for a full list of exclusions.