Accident, Sickness and Unemployment Insurance – helping to protect you against extended periods of absence from work
What would happen to your clients family if they lost their income?
Bavenham and its PPI policy is a completely new concept in ASU protection. It is a superior accident, sickness and unemployment policy that provides all the protection you would expect from a top quality product.
Most of us know know of someone that has been unable to work for a few months. We hope it won’t happen to us, but if it does then what?
Would you have enough savings to see you through that time and keep up monthly payments? Imagine not having to worry about how you would pay your bills if you lost your income due to an accident, sickness or unemployment! Well with Bavenham you can.
If you are unfortunate enough to lose their income due to an accident, sickness or unemployment, Bavenham Payment Protection will provide a monthly income for up to 12 months that can be used to continue paying their mortgage and other regular monthly bills.
FAQ’s
How much cover should you have?
With Bavenham Payment Protection you can choose the level of cover that suits your needs. For example, you might just cover your basic monthly payments, or you could extend the policy to include other monthly benefits such as credit card and loan repayments or insurance premiums. You can even cover utility bills – the choice is yours.
What are the cover options?
There are a variety of cover options available to you. Choose from accident & sickness, unemployment only, or accident, sickness and unemployment insurance.
Whichever you select the maximum monthly benefit limit is £2,500.
You can purchase Bavenham Payment Protection Insurance to cover just yourself, or you may also insure partners under the joint policy option, if you choose the joint policy option the benefits payable will be split between both parties as expressed in the application.
How does it work?
In the event of you having an accident, falling ill or being made unemployed, Bavenham Payment Protection Insurance will:
- Start paying your monthly benefit, in arrears, once you have been off work for a period of 30 consecutive days.
- Continue paying your benefit until you either return to work or the benefit period expires.
Are you eligible for cover?
Cover is available for Employed, Self Employed and Contract Workers. You will not have to undergo a medical to be eligible for cover under this policy.
What happens if you change your Lender?
Your Bavenham Payment Protection Insurance Policy is completely flexible and can be transferred between lenders.
Apply today for complete peace of mind, all you need to do is complete the application form.
To see the full terms and conditions please refer to the full policy documents.
GET A BESPOKE QUOTE
Complete the short form below and a member of the team will contact you shortly to arrange your bespoke quotation.