NFU Mutual : Personal Income Protection Policy

Product profile

Description 

This will give you financial and practical support if illness or injury prevents you from working for a specified period of time. You will receive a monthly benefit as well as access to specialist medical advice and rehabilitation services. The cover will last until you can return to work, the chosen term ends or you die. And if your illness recurs within a year of returning to work, your cover will restart immediately.

For

• Aged 18 to 59

• Employees and self employed

• All at least 5 years away from retirement

Maximum amount payable

• 50% of gross earnings

• £175,000 a year

Basis of cover

• Normal occupation

• Minimum cover period 5 years

• Reviewable premiums

• Reduced benefit for return to part time or less well paid work

Benefits

• You choose the amount

• No need to advise change of occupation

• World-wide cover

• Rehabilitation service

• Waiver of premium while benefits being paid

• Guaranteed option to increase benefits on specified life changing occasions

Options

• Deferred period; 4/8/13/26/52 weeks

• End at any age up to 65

• Renewal review of benefits

• Career break suspension of cover

• Index-linking

 
Last updated: 15 February 2010