Lifestyle Cover eligibility
Your customer can take out Lifestyle Cover if:
- They are a permanent resident in the UK, Channel Islands or Isle of Man;
- They are employed, self-employed, or a contract worker, working for at least 16 hours a week within the UK, Channel Islands or Isle of Man; or working for at least 16 hours a week outside the UK, Channel Islands or Isle of Man for either
a) Armed Forces, Civil Service; or
b) a company registered in the UK, Channel Islands or Isle of Man and your customer is required to work within the European Union;
- Aged 18 or over but under 64 years old on the policy start date;
- Immediately before the policy start date your customer has been working for a minimum of six consecutive months; and
- They have not been notified by their employer, verbally or in writing, that they may lose their job or their employer hasn’t formally announced a re-organisation, restructure or programme of redundancy which affects their role.
We’ll treat your customer as employed if they are working at least 16 hours a week under an employment contract which has no set end date, receiving a salary or wage with their employer deducting income tax and National Insurance on the basis applicable to employees in the UK, Channel Islands or Isle of Man.
We’ll treat your customer as self-employed if they work for at least 16 hours a week, either alone or with others, are liable to pay income tax and National Insurance Contributions on the basis applicable to the self-employed in the UK, the Channel Islands or the Isle of Man.
They are a director of, or they own their own company or business;
They have a shareholding of 25% or more in a company or business.
We’ll treat your customer as a contract worker if they are working for at least 16 hours per week under an employment contract that has a specified end date or ends when a specific task is completed. They must be receiving a salary or wages and paying Income Tax and National Insurance.
We can’t provide cover if your customer is a casual or temporary worker or if they are contracted to an employment agency.
We can't provide cover if your customer is on a 'zero hours' contract.
It’s important that your customer gives us accurate information when they apply for this policy – if they give us incorrect information then they may not be covered and we may not pay a claim.
Your customer must continue to meet the requirements numbered 1 and 2 in the section above, for this policy to stay in force and for a claim to be paid. Your customer must let us know immediately if these circumstances change.
Refer to section 2 of the PDF file: Lifestyle Cover - Policy Booklet (QGI7087) PDF size: 139KB for full details of the eligibility criteria. Please also read the exclusions and limitations for each section of cover to make sure that the cover is appropriate for your customer’s needs.