Shepherds Friendly : Home Expenses Plan

Product profile

Description

• If sickness or an accident prevents you from working, any sick pay you receive may only cover you for a limited period and then you might have a worrying time facing those monthly household expenses such as your mortgage, rent, loans, credit cards, fuel and water bills, household insurance, etc
• Pays 125% of your essential monthly household bills if sickness or an accident means you are off work

For

• Aged 18 to 54
• The self-employed and employees 

Maximum amount payable

• £2000 per month
• 60% of monthly income or net profit  
  

Basis of cover

• Minimum period 5 years

• Premium is age based

• Normal occupation

• Cover ends at 65

Benefits

• You choose the amount

Options

• A level of benefit that will cover up to 100% of your essential monthly expenses

• A level of benefit that will cover up to 125% of your essential monthly expenses

• Deferred period; 4/8/13/26/52 weeks
   

Not Covered

• Cosmetic surgery
• Taking part in dangerous activities