Norwich Union Healthcare - Income Protection Solutions

Professional Adviser
clock

This product aims to give a regular benefit if the holder suffers illness or accidental injury leadi...

This product aims to give a regular benefit if the holder suffers illness or accidental injury leading to incapacity and a loss of earnings. The benefit can replace lost earnings or, if the holder does not work, it can meet additional expenditure. Maxima and minima The minimum monthly premium is £10. The minimum annual premium is £120. The minimum age at entry is 18 attained and the maximum age at entry is 54 attained. The maximum benefit allowable under this plan is £180,000 a year. The plan can end at any age between 50 and 70 inclusive. Option for benefits to be paid for a limited ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on uncategorised

Scotland Investment Roadshow 2024: Last chance to join PA in Edinburgh and Glasgow

Scotland Investment Roadshow 2024: Last chance to join PA in Edinburgh and Glasgow

The Scotland Investment Roadshow kicks off next week

Professional Adviser
clock 18 September 2024 • 2 min read

Building Society-owned Newcastle Financial Advisers acquires Openwork firm

First of a number of acquisitions

Hannah Godfrey
clock 09 December 2019 • 1 min read

Bond managers fear hedges being undermined as liquidity dries up

The recent sell off in the bond market and growing liquidity issues have forced bond investors to use similar hedging techniques, undermining their effectiveness and causing concerns about how much downside protection funds really have.

Anna Fedorova
clock 03 July 2013 •