Aviva : Income Protection Solutions

Product profile

Description 

• Helps protect you and your family should you be unable to work due to long-term illness or accidental injury

• Tax-free monthly payments to help pay the bills

    

For

• Aged 18 to  54
• Employees, self employed, part-time workers and housepersons

Not for

• Unemployed, students, police, armed forces

Maximum amount payable

• 60% of the first £25,000 of earnings

• The 50% of the remainder

• Up to a maximum of £180,000

Period of cover

• Minimum 5 years

• Cover ends at retirement age up to 70

Basis of cover

• Normal occupation

• Limited cover for house-persons, part-time workers and the unemployed

Benefits

• You choose the amount

• Guaranteed insurability

• Can make multiple eligible claims during plan’s life

• Lump sum on death during the first twelve months of a claim

• Restricted Benefit should you take a career-break

• 24/7 GP helpline

• 24/7 stress counseling helpline

• Online personal health management service

Options

• Guaranteed or reviewable premium

• Level cover or index linked

• Limited Payment Term option paying benefit up to 5 years

• Deferred period: 4/8/13/26/52/56/104/112 weeks

• Lump sum benefit payable on death during the first 12 months of a claim

• Benefits in Kind

• Hospital Benefit

• Retirement Benefit

• Retirement age: 55/60/65/70

Not covered

Redundancy

Note

This product is only available from financial advisors

  
Last updated: 6 December 2009