Income Protection – Cover Features

Income Protection:

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Income Protection features

We believe everyone should get support if they’re unable to work due to illness or accident. Our Income Protection gives your clients reassurance by paying out when it matters. We’ll pay a regular benefit of up to 60% of your client’s income – so they can focus on getting better.

With many valuable features, our Income Protection stands out:

Parent and child cover

Our parent and child cover provides parents with peace of mind, at a time when it’s needed most.

We’ll pay a lump sum if their child is diagnosed with an illness or has an operation.
Lump sum payment is 6 times your client's monthly cover – up to a maximum payment of £25,000.
Cover applies to 54 conditions – see the Income Protection policy conditions for details.
We’ll pay out once for each child per policy.

Teachers sick pay guarantee

Sick pay arrangements can be tricky for clients working in the public sector. Our teachers sick pay guarantee makes life easier – paying out alongside their sick pay arrangements.

If your client can’t work, the guarantee only applies if their sick pay matches one of the following:

The Conditions of Service for School Teachers in England and Wales (sometimes referred to as the ‘Burgundy Book’).
The Department of Education, Teachers Terms and Conditions for Northern Ireland.
The Scottish Negotiating Committee for Teachers (SNCT) handbook of Conditions of Service for School Teachers in Scotland.

This only applies where your client has selected a 12-month waiting period.

Learn more about sick pay guarantees.

Fracture cover

Unlike other products in the market, we provide fracture cover as standard. If your client is diagnosed with a specific bone fracture, we’ll pay a lump sum of up to £2,200.

There’s no waiting period.
Your client can spend the money on whatever’s important to them.
Your client doesn’t need to claim on their main Income Protection cover.
It’s paid in addition to any claim made.
We’ll only pay for one fracture in a 12 month period.
Not all fractures are covered and certain exclusions apply – read more about fracture cover.

Key benefits – in one place

Our Income Protection gives your clients financial cover, until they can get back to work. With many unique features, your client can focus on getting back on their feet.

Income Protection - key features

Unemployment payment holiday

If your client is made involuntarily unemployed, we don’t expect them to pay their premiums for up to 6 months and their cover will continue.

Our payment holiday has an in initial exclusion period of 90-days after the cover starts.
It’s limited to 6 months, in total, during the policy term – it can be taken as multiple claims.

Death benefit

Our death benefit is part of our contract – unlike other products in the market. That means we’ll pay a fixed lump sum if your client dies before the end of their policy.

We’ll pay £5,000 if your client dies within four years of the policy start date, or,
£10,000 if your client dies four or more years after the policy start date.
The lump sum is paid to the policyholder and forms part of their estate for tax purposes.
It’s not a separate policy and can’t be assigned or placed in trust.
If your client has multiple Income Protection policies with us, we’ll only pay a maximum of £10,000, irrespective of how many policies they have with us.

£1,500 benefit guarantee

We understand your client’s income can fluctuate – particularly if they’re self-employed or rely heavily on commission and bonuses. If their salary does drop, there’s a risk their salary will no longer support the level of cover you originally recommended.

We automatically include a £1,500 benefit guarantee – so your clients get what they paid for.

Your client needs to be working at least 16-hours a week (self-employed) or 25-hours a week (employed) to make a claim.

The guarantee aims to protect your client against a genuine drop in income after they take out the policy.

Rehab support services

Our rehab support services support your client as soon as they’re unable to work. That means we can offer support from as early as the waiting period, to aid their recovery before their symptoms get worse.

Earlier intervention can prevent your client from needing to take prolonged periods of time off work – helping to improve wellbeing and morale.
It is particularly beneficial for clients with longer waiting periods who may need support earlier.
Our rehab support services might be capped at three times the monthly benefit per individual claim.

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