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13 Aug 2020

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Income Protection News

Consumers to benefit as Bright Grey reviews income protection

The income protection offering of Bright Grey, a cover specialist within the Royal London Group, has been doubled, meaning that customers stand to get even more value for their money.

Improvements made include raising the maximum benefit from £75,000 to £150,000 a year as well as increasing the highest cover increase option from £3,000 to £8,000 annually.

People who are not earning a salary and other house persons will also have a maximum benefit £16,800, up from £12,000.

Consumers who claim will also benefit from a programme of rehabilitation that is designed "to help the person return as close as possible to their pre-injury or illness levels of health and fitness", the organization stated.

According to Bright Grey head of product development and technical support Ian Smart, the rehabilitation service "will benefit those people who require additional support in order to get their life back on track".

This is because people who have been away from work for long periods while recovering from illness or accidents can find it difficult to get back into a daily routine, he added.

Income protection cover is designed to ensured that a source of finance is maintained in the event of an accident or illness.

 

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Go Direct.co.uk is a trading style for website purposes of Go Direct UK Ltd.

Go Financial Services is a trading style of Go Direct UK Ltd which is an appointed representative of Personal Touch Financial Services Ltd which is authorised and regulated by the Financial Conduct Authority. Registered in England & Wales Company 5703224. FCA Number 456600