Bright Grey will pay your client's plan payments for them if they are unable to work because of an illness or injury or are unable to perform a number of working tasks.
We will start these payments once your client has been sick for longer than the
deferred period they choose. We will continue these payments until the first of the
following happens:
the person covered recovers and is able to return to work
the person covered no longer meets the definition of incapacity
the cover ends
the person covered dies.
We automatically include Payment Cover for Sickness with Income Cover for Sickness
and Key Person Income Cover for Sickness.
Our Payment Cover for Sickness features, benefits and options include:
Only 1 standard exclusion
Covers your plan payments
Helping Hand
Term of cover
1 - 40 years 5 year renewable
Basis of cover
Single life or joint life first event
Guaranteed or reviewable payment
Guaranteed
Minimum age when cover starts
18 attained
Maximum age when cover starts
83 attained
Maximum age when cover ends
84 attained
Deferred period
4, 13, 26 and 52 weeks
Exclusions
We won't pay a claim if:
it’s the result of intentional self-inflicted injury
it’s the result of an excluded cause shown on the cover summary
the person covered doesn’t meet the definition of incapacitated in section D of the plan details, or
if any medical or other evidence is not supplied when we ask for it
Bright Grey offers 2 definitions of incapacity under Payment Cover for Sickness:
Own occupation and
Working tasks
You can find full definitions of these in section D of our plan details booklet.
