Income Protection

We are Authorised and Regulated by the Financial Services Authority (FSA) and are able to provide fully independent advice.
Our Financial Advisers have a wealth of experience in the financial services arena and are able to provide you with fully independent advice in all aspects of financial planning.

Key Features

Aims

• To provide you with a regular income if, because of illness or accidental injury, you are unable to work, resulting in a loss of earnings.
• To offer you the choice when you take out the Plan of deciding how soon and for how long this income is paid. This will allow for any period when you expect your earnings to continue and the length of time you wish to be insured.
• To provide cover for a level of premium agreed for the duration of the Plan no matter how many claims you make.

Your Commitments

• You must give the insurer all the information requested when applying for your Plan and when claiming your benefit. If you do not, the insurer will not pay your claim.
• You agree to pay regular premiums for the duration of the Plan Premiums will only increase each year if you choose to increase your benefit to make allowance for cost of living and earnings increases.
• You must notify the insurer within the stated time limits of any claim you wish to make.

Risk Factors

• You will not be covered if you stop paying premiums. However, premiums are not payable when you are receiving benefits having made a claim.
• If you do not review the benefit against your current earnings regularly, it may not continue to meet your needs.
• If your earnings at the time of claim are below the level needed to justify the benefit you have chosen, you will receive a reduced benefit but no refund can be made for any part of the premiums paid.
• Certain causes of claim are excluded
• The payment of benefit under this Plan may affect your eligibility to claim for some means tested benefits provided by the State.