What does it do?
This Short-Term Income Protection policy is great if you take part in amateur sports and activities, because if you are unable to work due to an accident, injury or illness, it will pay you a monthly income to ensure you can still pay your essential bills, mortgage, rent etc.
Great to know:
There are no medical questions to answer, so acceptance for this policy is guaranteed.
You will automatically be covered whilst taking part in any type of amateur competition / racing / event etc.
Unlike similar policies, because you do not need to prove you income when you make a claim, this policy is very popular with the self-employed, who either have no accounts or are showing a low profit, or for employed people looking for simple, low-cost cover.
This policy provides back-to-Day 1 Cover, which means that when you have been signed-off work for more than 14 days, your claim will be back-dated to the first day you were signed-off.
This policy automatically covers you for ALL sports, no matter how extreme, and any job, no matter how high-risk (including HM Forces), and also includes cover for non sports-related injuries and illness too, so you are covered 24/7 at work, rest and play.
PLUS: For additional reassurance against the unexpected you can add one or more of the following options to your policy: redundancy cover, life cover and critical illness cover.
How much will I get paid?
As you do not need to prove your income when you make a claim, you simply choose from the outset how much you want each month to cover your bills. Select between £300 – £1500 per month.
How does it pay out?
On a monthly basis. It continues to pay out until you return to paid work or for a maximum period of 12 months (whichever is sooner).
Why do I need it?
Could you still pay your mortgage, rent, bills or other living expenses if you were unable to work? Income protection policies are great because no one knows what lies ahead, but we do know that an accident, injury or illness can strike at any time.