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National Deposit : Permanent Care

 

Product profile

 

Description 

Pays a regular income should illness or accident prevent you working
 

For

  • Aged 16 to 59
  • Employees and self employed
     

Maximum amount payable

  • 60% of your pre-tax income
 

Basis of cover

  • Any occupation
  • Proportionate benefit if return to normal work at lower rate of pay
  • Guaranteed level premiums for duration of policy

Benefits

  • You choose the amount
  • Must advise change of occupation
  • Lump sum benefit for stay in recognised convalescent home
 

Options

  • Deferred period; 2/4/8/13/26/52 weeks
  • Retirement age ; 60 or 65
  • Increase or decrease benefits
  • Index linking
  • Waiver of premiums

Last updated: 1 July 2006