Permanent Health Insurance This policy cover pays out an income when an accident or an illness prevents someone from earning from thier occupation:
- Payments commences after a deferred period of time. Typically deferred periods are 4,13,26,52 weeks
- Available for self employed people as well
- Typical maximum levels of income benefit are aroud 60% to 65% of total income
- There are number of available options with the contract which can be discussed with our mortgage consultant