Income insurance

Provides a replacement income sum if you’re unable to work as a consequence of accident, sickness, major illness or involuntary unemployment

• Up to 12 monthly payments in the event of accident, sickness and unemployment, or carer claim
• Lump sum payment of up to 24 monthly benefits in the case of defined major illnesses
• Immediate major illness cover (Excludes cover in respect of medical conditions that have been treated in the preceding 12 months)
• Includes cover for psychological illness, including stress (restricted to three monthly benefits unless you are under the care of a specialist)
• Includes cover for back related conditions (restricted to three monthly benefits unless your GP / specialist can provide scan evidence of abnormal findings)
• Claim form free – we will do any paper chasing (i.e. medical certificates) on the customer’s behalf
• Guaranteed acceptance to eligible customers –other providers underwrite after point of sale
• We won’t increase premium just because you’ve made a claim
• No maximum age limit as long as the customer is employed and meets the eligibility criteria
• Can be cancelled at any time without penalty – if claim in progress we will honour remainder of claim

The cost of this insurance depends on a number of factors, such as your age, where you live and your occupation. As a result, the cost you will pay is based on your own circumstances.

Our Income Insurance typically costs £3.50 a month for every £100 of monthly benefit. This is based on a non-smoking customer, aged 25, who works in the finance & professional sector.

There are other providers of Short Term Income Protection and other products designed to protect you against loss of income. For impartial advice about this type of insurance, please visit the website www.moneyadviceservice.org.uk

Our Income Insurance costs between £3.50 and £10 per £100 of monthly benefit – typical examples in the table below.

Your personalised quotation will be based on your individual circumstances such as your age, occupation, postcode and use of tobacco.

RBS Income Insurance is underwritten by UK Insurance Limited. UK Insurance Limited is authorised and regulated by the Financial Services Authority.

Registered Office: The Wharf, Neville Street, Leeds LS1 4AZ. Registered No. 1179980, England