Flexibility to protect what matters

In the UK there are more than 5 million self-employed people and it’s estimated that by next year over 7 million people will work in the gig economy.[1]

But this growing demographic doesn’t fit the traditional Income Protection mould, with fluctuating incomes and lack of historic accounts making it difficult for them to prove a regular level of income.

That’s why we pledge to help advisers to bring Income Protection alive for this underserved demographic and help you start conversations with these clients.

Our pledge to you

As part of this we pledge to create 3 new sales tools to help you showcase the value of Income Protection to your clients with fluctuating incomes. Key to this is letting you know about our ready-made solution to fit these clients: Breathing Space..

What makes Breathing Space flexible?

  • No financial underwriting required at claims stage only proof of income
  • Not tied to a mortgage or rent payment so benefit can be used for anything
  • Benefit guarantee up to £1250 per month
  • 1-2-5 year claim benefit periods
  • 1, 4, 8 or 13 week deferred periods
  • Covers your client for the job they do
  • All occupations priced the same

 

What makes it different?

  • 5 year claim benefit period
  • Free access to discretionary Mutual Benefits
  • Free automatic access to discretionary BF Care

 

You can get a quote for our Breathing Space policy directly through our website here or through all major quote portals.

Helpful Tip

Breathing Space policies are subject to a maximum policy end age of 65, so make sure the retirement age you enter reflects this.

How can I find out more?

Take a look at the Breathing Space product page for a more detailed product summary on our Adviser website here or view our new and improved Breathing Space flyer here.

Or feel free to get in touch with our Partnership Support Team by e-mailing sales@britishfriendly.com or calling us on 01234 358344 (option 1) and we’ll be happy to help with any queries.

[1] https://www.bbc.co.uk/news/business-52052123

https://standout-cv.com/gig-economy-statistics-uk