i:protect insurance

How do Excess Periods work?

With many other Short-term Income Protection Insurance policies covering Accident/Sickness and Unemployment, you are either not given a choice as to when you would like your benefits paid from or your Accident/Sickness and Unemployment benefits must be paid from the same time.

i:protect allows you to tailor your cover to fit your exact requirements. For example if you get two months of sick pay and one month payment in lieu in case of redundancy then you could choose to have the Accident/Sickness part of your policy start paying benefit after 60 days and have the Unemployment part of your policy start paying benefit after 30 days.

Excess periods in detail:

For example:

A 0 Day Excess means you have to be off work for 30 days before you can register your claim but all payments will be backdated to day 1.

A 30 Day Excess means you have to be off work for 60 days before you can register your claim but all payments will be backdated to day 30.

A 60 Day Excess means you have to be off work for 90 days before you can register your claim but all payments will be backdated to day 60.

A 90 Day Excess means that you have to be off work for 120 days before you can register a claim but all payments will be backdated to day 90.

A 180 Day Excess means that you have to be off work for 210 days before you can register a claim but all payments will be backdated to day 180.