Archive for the ‘Q&A’ Category
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Can I take out income protection if I work for an agency?
Question: Can I take out income protection if I work for an agency? Answer: There are a number of Income Protection products available for…
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I regularly train and take part in triathlons. Would this count as a hazardous activity and need to be tailored into any plan / quote?
Question: I regularly train and take part in triathlons. Would this count as a hazardous activity and need to be tailored into any plan…
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I am a management consultant operating through a limited company. What options do you offer and what are the costs please? Is income calculated on salary or salary plus dividends?
Question: I am a management consultant operating through a limited company, with just myself as director. What options do you offer and what are…
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Common questions about Income Protection
What is Income Protection? Income Protection provides a replacement regular income if you are unable to work due to long-term illness or injury. It…
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What is the actual percentage of tax deduction, incentives, insurance etc.? How much is the actual cost to an employer?
Question: What is the actual percentage of tax deduction, incentives, insurance etc.? How much is the actual cost to an employer? Answer: Income Protection doesn’t affect employee…
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My husband is waiting for surgery on his shoulder, which will result in him being off work for 6-8 weeks. Is there any policy we can take out that will cover us?
Question: My husband is waiting for surgery on his shoulder, which will result in him being off work for 6-8 weeks. Is there any…
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If I claimed Income Protection, would these payments impact the amount I got from other insurance policies, for example mortgage protection?
Question: If I claimed Income Protection, would these payments impact the amount I got from other insurance policies, for example mortgage protection? Answer: Income…
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Does Unum backdate pay? I have been of work now for 6 months with fibromyalgia.
Question: Does Unum backdate pay? I have been of work now for 6 months with fibromyalgia. Answer: Unum Income Protection schemes generally pay up…
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Is there a PHI policy that will pay our employee direct?
Question: Is there a PHI policy that will pay our employee direct? Answer: We do offer a variant of GIP called Pay Direct. You…
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I have had my claim excepted, could you explain what national SIB is?
Question: I have had my claim excepted, could you explain what national SIB is? Answer: LTSIB stands for Long Term State Incapacity Benefit, which…
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