Income protection pays your client a monthly income if they can’t work because of an illness or injury.

Our plans offer more than just financial protection, with access to Wellbeing Support provided by RedArc Assured Ltd and Rehabilitation Support Services included as standard to help your client regain their health and return to work.

Key features and benefits

 

 

Fast underwriting decisions

80% of underwriting decisions receive an instant decision.

Changing Your Policy option

Allows your client to increase cover on specified events, without further medical questions. Eligibility criteria and restrictions apply.

We’ll beat competitors

In some instances, you may be able to use Price Beater to get the best price for your client. Please see our Price Beater guide for more details.

Return to work support

Proportionate Benefit means we’ll top up your client’s salary with a proportion of the monthly benefit if they return to work at reduced capacity.

Stepped Benefit option

Stepped Benefit option can be chosen to help plug any gaps in employee benefits, so your client won’t lose out or overpay their premium.

NHS sick pay protection

We can match the sick pay structure for NHS dentists, doctors, midwives, nurses and surgeons on Income Protection Benefit policies.

* Insured by AXIS Specialty London. The support and services are provided by Trustedoctor, a sister company of Further Underwriting International SLU

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Product details

For full details, see key documents for the Policy Summary and Policy Terms & Conditions

Cover overview

For full details, download the Product Profiles PDF size: 905KB document.

Income Protection Benefit

Low Start Income Protection

Minimum cover
  • No minimum monthly benefit. Driven by minimum premium
Maximum cover
  • Level cover: £20,000 per month/£240,000 per year
  • Increasing cover: £14,000 per month/£168,000 per year
  • Houseperson working less than 16 hours per week: £1,666.67 a month/£20,000 per year
  • Level cover: £10,000 a month/£120,000 a year
  • Increasing cover: £7,000 a month/£84,000 a year
  • Houseperson working less than 16 hours per week: £1,666.67 a month/ £20,000 a year
Type of cover
  • Only available as a single life plan
  • Level and increasing cover available
  • Increasing cover increases in line with changes in the Retail Price Index up to a maximum increase of 10%. The premium increases in line with the change in the Retail Prices Index multiplied by 1.5 subject to a maximum increase of 15% per year
Minimum term
  • 5 years but cannot end before 50th birthday
  • 10 years but cannot end before 50th birthday.
Maximum term

Depends on the age of the client when the policy ends:

  • The policy must end after the client’s 50th birthday but before their 70th birthday or their planned retirement date, whichever is earlier
  • For some occupations, we may restrict the maximum age of the client at the end of the plan
Minimum age
  • 18 years old to buy the plan
Maximum age
  • The day before the client’s 60th birthday to buy a plan
  • For some occupations, we may restrict the maximum age of the client at the end of the plan
Premiums
  • Premiums remain the same (guaranteed), unless increasing option is chosen. Payable monthly by Direct Debit
  • Premiums increase each year in line with age (guaranteed). If increasing cover is chosen, they’ll also increase using the change in RPI

Benefits and options

Income Protection Benefit

Low Start Income Protection

Deferred period
  • Your client can choose from 4, 8, 13, 26 or 52 weeks
Low Cost Options
  • Optional. The benefit for any individual claim is limited to 12 or 24 months, depending on which option is chosen from outset
  • Not available with the Stepped Benefit option
Stepped Benefit
  • Optional. Two levels of benefit can be chosen with two different deferred periods
  • Not available with the Low Cost option
Continuous Cover
  • Included
  • Included
Hospitalisation Benefit
  • Included
  • Not included
Income Guarantee
  • Included
  • £1,500 for employed and self employed
  • £3,000 for NHS dentists, doctors, midwives, nurses and surgeons
  • Download the Policy Summary PDF size: 227KB for examples of how this works
Life cover
  • Included (equal to 12 times the monthly premium)
  • Not included
Linked claims
  • Included
  • Included
NHS sick pay protection
  • For NHS dentists, doctors, nurses, midwives and surgeons
  • Not included
Proportionate Benefit
  • Included
  • Included
Rehabilitation Support Service
  • Included at the point of claim
  • Included at the point of claim
Wellbeing Support
  • Access included as standard. Service provided by RedArc Assured Limited
  • Access included as standard. Service provided by RedArc Assured Limited
Fracture Cover
  • Optional benefit for an additional cost
Private Diagnostics
  • Optional benefit for an additional cost
Waiver of Premium
  • Included
Changing your policy (previously known as Guaranteed Insurability Option)
  • Can increase cover on certain specified events, without need for further medical evidence
  • Eligibility criteria and restrictions apply
Other changes
  • Your client can request to make other changes to their plan. A new policy may need to be set up

More from Adviser Protection

Underwriting

Pre-sale support, including underwriting limits, BMI, and how to get an indication of our terms.

Adviser toolkit

Everything to help you help your clients, including calculators, sales aids and case studies.

Literature

Explore our library of brochures, forms, guides, and product sales aids for advisers.

These products do not include unemployment cover.