FLEXIBLE INCOME PROTECTION

Breaking out of standard terms

Every business is different, yet many insurance policies work on standard terms. Where a business doesn't want to be forced to compromise, Strategic Broking has the contacts and resources to provide a cost-effective solution.

A Capital Investor company had a standard Income Protection policy with a 13 week deferment period. But they wanted to reduce the waiting period to cover losses which occurred within the deferment period.

Strategic Broking arranged a Personal Accident and Illness policy to pay for Temporary Total Disablement disabilities occurring between the 7th day and 90th day of disablement.

  Strategic Facts

• Income Protection policies can be arranged with a variety of different excess points, and benefits can be payable up to a maximum of 5 years.
• A lump sum Permanent Total Disablement benefit can be provided payable at the end of the TTD benefit.
• Cover can be arranged to cover employees 24 hours a day or limited to occupational duties only.
• For high earners top up benefits can be added to a standard Income Protection policy.
• Policies may be written as group policies, or for specific individuals who fall outside UK group schemes.