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International income protection for expatriates of all nationalities
The Global Income plan will provide you with a regular monthly income when an illness or injury prevents you from working.
The income will start after a deferment period of three or six months. You select which deferment period you require when you apply for your Global Income plan.
NEW for 2008...
· NEW – Higher limit before HIV test required
· NEW – Rehabilitation benefit to ease claimants return to work gradually
· NEW – Commission counted as part of annual earnings
Please download a copy of the 2008 Global Income Protection plan brochure
Rehabilitation Benefit
The new 2008 Global Income protection plan now includes a rehabilitation benefit to allow you to return to part-time work and continue to receive payments for up to six months until you are fit enough to return to full time work.
Protection of up to 75% of your salary
You may apply for an annual income benefit of up to 75% of your annual salary, subject to a maximum annual benefit limit of £90,000, or US$144,000 or €144,000.
Under the new 2008 Global Income Protection plans you will be able to include 50% of your commissions and regular bonus payments when calculating your income for the payment of benefits.
Protection until you retire
Your Global Income plan will continue to pay you a regular income for as long as you are unable to return to work – right up to age 65 if necessary.
Escalating benefit
If you start to claim, your benefit payments will escalate by 2% compound each year.
Who can apply
If you are an expatriate, in good health, in a non-hazardous occupation you may apply for cover.
You must be under 56 when you apply for a Global Income plan. Once you have joined you may continue to renew your plan until you reach age 65.
Your Occupation
If your occupation exposes you to greater risk than an office based occupation, we reserve the right to impose a loading on the premiums quoted on our website or to decline your application. If your occupation is not office based, please contact our Sales team for a quotation providing a full job description.
Premiums
Our premiums are age-related and will increase each year as you get older.
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