Pharmaceutical &General : Income Protection Plan

• Aged 16 to 55
• Employees and self  employed
• Must work in the pharmaceutical industry
• Open to retail pharmacy owners and workers

Maximum amount payable

• 70% of income
• £900 per week

• Normal occupation
• Day one basis
• 100% cover for 2 years of claim
• 50% cover for 3rd year
• 30% for fourth year and until recover or retire
• Reviewable premium at annual renewal
• Must advise change of occupation or other information
• No waiver of premium during benefit payment
• Reduced cover for non-workers

Not Covered

• Disorderly conduct
• Hazardous activities
• Mental, nervous psychotic or psychoneurotic deficiencies or disorder
• Neurosis, reactive depression or anxiety;
• Reactive disorders
• Pregnancy or abortion or the complications of childbirth
• Sterilisation procedures
• Cosmetic surgery.

Benefits

• You choose amount
• Tax -free cash sum at retirement
• Can amend cover annually

Options

• Number of shares – units of cover