Schoolteachers Friendly : Sickness Income Plan

Product profile

Description 

Pays a benefit should illness or injury prevent you working, and builds a tax-free capital sum

For

• Aged 18 to 64

• Employees and self employed

Maximum amount payable

• Whatever premium you pay each month is the amount you will receive each day

• Maximum premium £70 each month

Basis of cover

• Normal occupation

• World-wide

• Day One basis

• Pays until well again or fund is exhausted

• Pays until 70 or earlier retirement

Benefits

• You choose the amount

• Bought in units

• Tax-free cash sum at retirement

• Same rates for male and female

Options

• Deposit savings account

 
Last updated: 15 February 2010