New to Business Income Cover

New to Business Income Cover is designed to offer an agreed fixed monthly income if you are unable to work due to suffering from any type of accident or illness.

The policy is ideal for people who are new to business where financial accounts or proof of income may not be available. It is often very difficult for new businesses to predict just how much income or profit they will make and therefore a traditional income protection policy may not be the best option.
The policy is available for start up businesses who have been operating for less than 3 years

Product options & benefits.

• Choice of payment period from 6 months to 3 years depending on your requirements.
• Benefit can be used to help find a suitable replacement person or contribute to covering the business expenses or as you see fit.
• There is a choice of waiting/stand down periods from 4 to 13 weeks.
• Partial disability can be covered therefore providing a “top up” if you still work limited hours
• You can claim multiple times on the life of the policy.