Using our Personal Protection Menu you can tailor a plan to suit Amanda’s needs and budget.
For example you could recommend she takes out a plan with the following covers:
- Level Income Cover for Sickness of £350 a month over 15 years for the balance of Amanda’s mortgage payments not covered by maintenance.
For £11.43 a month. - Decreasing Life or Critical Illness Cover of £60,000 with a term of 15 years.
For £20.08 a month. - Payment Cover for Sickness with a term of 15 years.
For £1.02 a month.
The total cost of this including the £2.60 monthly plan charge is £35.131 a month – well inside her budget!
Source:
1. Female, 42 next birthday, non-smoker. Income Cover for Sickness, level income, full-term deferred period 26 weeks, own occupation. Life or Critical Illness Cover, decreasing lump sum including mortgage repayment guarantee. Payment Cover for Sickness, deferred period 26 weeks, own occupation. All covers on guaranteed rates, including plan charge of £2.60. Bright Grey, February 2010.
