Cirencester : Income Assured

• Aged 16 to 59
• The self-employed, employees who would rely on state benefit during incapacity, part-timers and house persons

   

Maximum amount payable

• Depends on number of weekly units selected
• Maximum weekly benefit £241.50
• Maximum benefit 60% of earnings

• Day one basis
• Normal occupation
• Must advise change of occupation
• Limited cover for non-workers
• Proportionate benefit for return to lower paid work
• Rehabilitation benefit for partial return to work
• Premiums increase in age-bands

Benefits

• You choose the weekly amount
• Premium does not depend on sex, occupation or smoking
• Can increase benefits at any time
• Bonuses after 3 years
• Tax free cash sum at retirement date
• Terminal illness benefit

Options

• Deferred period; 0/4/8/13/26/52weeks
• Retirement age ; 50/55/60/65
• Index linking
• Waiver of premium
• Accident protection
• Career break option after 3 years