comparison of limited benefit term income protection policies...when it comes to short term income...
TRANSCRIPT
When it comes to short term Income Protection, we tick all the boxes...
Comparison of Limited Benefit Term Income Protection Policies
Provider Product1 Year
Benefit Option
2 Year Benefit Option
5 Year Benefit Option
FreeCare
Assistance Benefit
FreeDeath
Benefit
Second Medical Opinion Service
Health & Wellbeing Services Included
No Standard Exclusions
Premium Discounted
when Elements of Cover Excluded
British Friendly Breathing Space
British FriendlyShort Term
Protect
Holloway Friendly
Short Term Income
ProtectionX X X X X X
LV=Personal Sick
PayX X X X X X
Shepherds Friendly Society
Income Protection Plan
X X X X X X X X
The ExeterPure Protection
PlusX X X X X X
Sources: Defaqto Matrix, data effective as of 6th November 2017 and individual provider literature.
Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Registered No: 110013. Incorporated under the Friendly Societies Act 1992. Registered No: 392F. Member of the Association of Financial Mutuals. Verson: 9.11.17
Breathing Space Short Term ProtectWho is this product designed for?
Breathing Space is for clients who may struggle to prove the level of their income in the event of a claim such as self-employed, casual or part time workers or
people with irregular income.
Who is this product designed for?Short Term Protect is a more affordable option for clients who need cover for shorter claim periods or are on a limited budget. Because our premiums aren’t
based on your clients’ occupation it will provide a lower initial premium to clients who work in manual jobs.
No financial underwriting
Pays £125-£250 weekly benefit
1, 2 or 5 year claim period options
1, 4, 8 or 13 week deferred period options
No standard exclusions
Own occupation - covers your client for the job they do
Pays 70% of annual taxable income
Cover up to age 70
1, 2 or 5 year claim period options
1, 4, 8 or 13 week deferred period options
No standard exclusions
Own occupation - covers your client for the job they do
Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Registered No: 110013. Incorporated under the Friendly Societies Act 1992. Registered No: 392F. Member of the Association of Financial Mutuals. Verson: 6.5.18
Key Selling Points
Mutual BenefitsOur exclusive loyalty programme* for British Friendly members at no extra cost!
Access to GP consultations,
medical 2nd opinion service, physiotherapy
and counselling
Create one Will online at no extra
cost
Health Cash Plan for only £2 per week**
Automatic entry into quarterly
prize draws worth £1,000
23% off Fitbit
devices
Access to High Street Discounts,
helping you save up to £250 a year on your shopping bills
Death Benefit*
A lump sum worth 26 weeks of your IP benefit will be
paid to your estate or nominated
individuals
Bereavement Benefit*
If your partner, spouse or child (up to age 18) dies you can receive a lump sum worth
13 weeks of your IP benefit
Care Assistance Benefit*
If a member of your family needs full time care
you could receive £125 per week paid for up to 13 weeks (parent or parent-in-law) or up to 26 weeks (partner, spouse or child
up to age 18)
*discretionary**provided by Health Shield
Health MOTs
15% off Staysure
travel insurance
Create one Power of Attorney
online at no extra cost