British Friendly Society : Century Plan

Product profile

Description 

Ill-health is worrying and stressful but commitments like rent, mortgage, credit cards and loans all demand payment. Not only must you cope with your illness, you still need to pay the bills. 

This can help you protect your income and build up a tax-free capital sum for you.

Age

• 16 to 59

• Employed and self-employed

Maximum amount payable

• £2600 a month

• £600 a week

Basis of cover

Benefit is paid in three stages: Full Pay (100%) for the first six months, then Half Pay (50%) for the next six months followed by Reduced Pay (30%) until recovery or age 60, whichever comes first.

Benefits

• You choose the amount

• Bought in units

• Registered Nurses helpline

• Premiums based on age 

Options

• Deferred period; 0/4/8/13/26 weeks

Last updated: 29 March 2011