The Progressive Advantage option can be chosen to fill gaps in employee benefits so that your client doesn`t lose their premium or overpay. Coverage for a lower premium that increases with age each year. Shares many of the features and benefits of the Safe Income Protection Benefit. Calculate your client`s maximum monthly benefits and staggered benefits options based on their current salary. Covers multiple claims per year if your customer sustains a specific injury, up to £7,500 per year. Available for an additional £5.90 per month*. Assess the potential value of a business and the total potential amount of coverage required. Income protection insurance can give you the security you deserve. A loss of income could have a real financial impact on a family`s lifestyle, and income protection insurance is designed to meet the needs of people who want to protect themselves by paying a regular monthly amount. You choose the amount of the monthly benefit, so you should think about it: a simple coverage that provides a monthly benefit if you are unemployed due to illness or injury. The benefit is paid after a waiting period of 4 weeks and paid monthly in arrears. Premiums start at just £6 per month, depending on the cover you need. Call our team on 0800 294 02750800 294 0275 to discuss your options and get a personalised quote for your needs.
Our policy applies to both employees and self-employed workers, working 16 hours or more per week. It is available if you are between the ages of 18 and 55 and live in the UK. The insurance covers up to 60% of your salary if you have to be released from work for 4 weeks or more due to illness or injury. This is for those who do not receive full sickness benefit from their employer. The monthly payment you receive is there to cover rent or mortgage, bills, utilities, and other lifestyle expenses for you and your family. Comprehensive coverage that provides a monthly benefit if you are unemployed due to illness or injury. Choice of waiting periods, limited benefit periods and increasing plan to protect monthly benefits against inflation Please call our claims team as soon as you know you will be away for 4 weeks or more, but no later than 2 weeks away. Our team will discuss your illness or injury, send you a claim form so you can fill out your medical information, and give us details about your illness or injury. We will also ask you for financial information and details about your work. Your claim will be assessed and monthly payment will begin when the claim is valid. We can refer you to our rehabilitation support service to help you with your recovery if necessary. Get extra protection with critical illness insurance, which can be added at an additional cost when you purchase your life insurance.
Determine the maximum insured amounts for executive and individual income protection and compare costs. Available without advice if you clearly know your coverage needs. The coverage is for those who want comprehensive coverage with a choice of options to protect themselves against loss of income if they are unable to work due to incapacity for work due to illness or injury while covered by the plan. Your income is insured if you have an accident or become ill and need to be released from work continuously for 4 weeks or more. The maximum payment you can receive is based on 60% of gross income and is capped at £2,000 per month. This is the maximum equivalent payment for an annual gross income of £40,000. If you earn more, your monthly payment will be capped at £2,000. Use to compensate for differences in premiums between partners/shareholders, usually due to differences in health and age.
Please read the Health and Accident Insurance Brochure 05.21.pdf and the Health and Accident Insurance Policy Summary 05.21.pdf Use if your customer`s premiums are late or if their direct debit has been refunded. Simply enter the policy number and account details. To change your policy, let us know and we can tell you if the change is possible and what your new premium will be. The average household has £2,729 in savings. However, the amount needed to feel financially secure is £12,207. Anything that helps you help your customers, including calculators, sales aids, and case studies. 2 out of 5 households have less than £1,000 in savings. In fact, 1 in 5 have no savings. Calculate the savings potential for your customers if they pay for life insurance through a relevant life insurance plan versus an irrelevant life insurance plan. An interactive tool that helps you explain, advise and build trust with your personal protection clients.
Determine the value of a key person and the amount of coverage needed in the event of critical illness or death. You can buy our health and injury insurance directly from us. If you think this simple coverage option meets your needs, you can get a quote without talking to a financial advisor. Almost half of households perceive the loss of income as one of their biggest concerns if they are unable to work. Our plans offer more than just financial protection, with standard access to RedArc Assured Ltd. wellness support and rehabilitation support services to help your clients recover their health and return to work.