A Primary Income Replacement Plan provides a regular income if long-term illness or injury prevents an individual from working. Monthly benefit payments are set at a level to allow the individual and their family to meet their top priority financial commitments. Access to professional support and advice is also available to help the individual make a full recovery and a return to work.
Following an illness or injury occurring, benefit payments will begin after an agreed length of time called the 'deferred period'. Payments will continue while you remain unfit to work, up to a specific date to tie in with the costs being covered - typically the remaining term of the mortgage or child's education.
Whilst benefits are being received, our team of Rehabilitation Co-ordinators can provide support and advice regarding health and vocational issues as well as help with claiming other benefits that may be available.
The Primary Income Protection Plan is designed to provide cover for an individual's specific financial commitments. More generally, the structure of the Plan is the same as for Personal Income Replacement Plan.
The features
Who benefits?
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