Income Protection

Income protection pays out a monthly benefit for your clients if they are unable to work due to incapacity caused by illness or injury. Your clients can use this benefit in any way they like - from helping towards paying the mortgage repayments, household bills or covering medical care, to simply helping to maintain their lifestyle. This benefit is paid until they recover and can return to work or they no longer qualify.

What's new?

We've made our Income Protection Benefit Plan more competitive through various product enhancements and a comprehensive range of benefits and options:

• 5 Star Rating from Defaqto, which makes our Income Protection Benefit Plan one of the best available in the market.
• Fully integrated with OLP Connect so you can sell it alongside our award-winning Term and Critical Illness Cover. We've also introduced tele medical interviewing for our income protection policy to help speed up the application process.
• Extended eligibility - we've increased the expiry age to 70, so your clients can be covered for longer.
• Maximum monthly benefit has been increased to £200,000 a year.
• New Guaranteed Insurability Option events giving your clients greater flexibility to help keep their cover in line with their earnings with no further underwriting required.
• We've removed all exclusions except one (Drugs and Alcohol abuse) for greater transparency.
• Discounting is available if purchased with other protection products within a menu application.
• Re-priced our product to provide more competitive premiums for your clients.

As with all insurance policies, terms and conditions apply. Please refer to the Key Features Document for full details of the benefits and exclusions.