UnumProvident is offering individual income protection policies which will cover people until they are 70 years old.
Recent anti-age discrimination legislation is likely to result in more people over the age of 60 employed in the workplace and wishing to cover their income through income protection until they retire.
Income protection Cover is offered up to age 70 to people in most occupations, subject to underwriting, through the following products:
Personal Income Replacement Plan, which allows employees and the self-employed to protect their earnings.
Primary Income Replacement Plan, which can be used to cover the cost of fixed term commitments such as a mortgage or education and training costs
Essential Ability Cover Plan, which can be used by the self employed and those in higher risk occupations, to provide a monthly income