Our Income Protection is just the job to provide your clients with financial support to help them if the wheels fall off and they’re unable to work for a period of time due to illness or injury.
Traditionally, Income Protection has been seen as complex and slow to pay out when people need it most.
But our Income Protection gives your clients a range of great benefits so they can get the financial help they need - when they need it.
Fracture cover of up to £4,000 per claim; with two claims allowed in a 12 month period.
A hospitalisation payment of £100 per night, that’ll start after your client spends more than six consecutive nights in hospital.
A payment of 12 months’ premiums if the person covered dies during the term of the cover.
Back to work payments... and we’ll waive the deferred period if your client is diagnosed with a terminal illness and has less than 12 months to live.
But that’s not all! Our tiered approach can help clients protect more of their income – up to 65% of the first £15,000 of pre-tax income plus 55% of the rest.
Employed clients running their own company can include things like dividends, a nominal spouse’s salary and P11D benefits. And your self-employed clients can include certain fixed overheads.
And our adaptable claims philosophy means we do our best not to stall things while we’re waiting for financial evidence.
To get fully up-to-speed on Income Protection, visit adviser.royallondon.com/protection.
Your clients can choose their own cover. They can decide between level or increasing cover, select the length of their deferred period and choose how long they want their cover to pay out for.
You can mix and match Income Protection with other covers in a Menu Plan to provide tailored protection that meets your clients' individual needs and budgets. And don't forget - different covers can start at different times, even if they're on the same plan.