Your employer has chosen to provide you with Group Income Protection benefit as part of your employee benefits package. If you are unable to work due to ill health or injury, this benefit can be invaluable. It provides peace of mind that you continue to have an income when you may need it most, allowing you to concentrate on your health rather than worrying about financial commitments.
Details of the cover are provided below.
| Insurer | ******** |
| Benefit level provided | Once you have been employed by (company name) for a full year, upon successful claim, this benefit provides **% of your salary (less State Benefit) to be paid to you if you are unable to work due to sickness or illness on a long term basis. |
| Cover commencement | Once a claim has been accepted, cover commences after a waiting period of 3 months from incapacity. |
| Benefit in payment | Benefit in payment could continue to age ****/for a period of *** years or until you are able return to work, whichever happens first. |
| Cover ceasing | Cover continues until you either leave the company’s employment or age 65. |
| Notes |
If you have any queries or require any further information please contact your HR department.
