While most income protection providers price their premiums one way; either level guaranteed or age-costed, The Exeter gives you and your clients the choice with their plan for low risk occupations, Income One Plus.
Level guaranteed premiums offer certainty for clients who want to budget a specific amount for the life of their policy, while age-costed premiums may suit clients who are looking for the most affordable cover up front.
With Income One Plus you have flexibility to choose the premium option that suits your clients’ personal circumstances, along with many more options to tailor their cover:
- Day 1 cover – We give your clients the option to receive an income from the first day they are ill or injured if it keeps them off work for 3 days or more. This is especially valuable for those that are self-employed or have no sick pay. We also offer a wide range of longer waiting periods from 1 week to 1 year.
- Benefit fix options – Income One Plus gives you two options to simplify the claims process with an enhanced Fixed Benefit Option and Minimum Benefit Guarantee – perfect for the self-employed and those with variable incomes.
- Own Occupation for all
Some income protection can be complex, for example where definition of incapacity is linked to occupation type. The Exeter keep it simple and only ever offer an own occupation definition, regardless of occupation.
Find out more about The Exeter – sign up for a one-to-one webinar today.
Contact us on 0300 123 3207 or email us at sales@the-exeter.com
