Income Protection – Friends First
Income Protection Insurance from Friends First is the most comprehensive Income Protection policy on the Irish market and is designed to replace up to 75% of your annual income, if unable to work due to any accident or injury. OneQuote.ie provide both phone and online application convenience, with a 10% full term policy discount. You can also reduce your quoted discounted premium up to a further 40%, through premium tax relief. This policy comes with a host of great features as standard, watch our video below to learn more, or call us on: 01 845 0049 to speak with a specialist advisor.
Standard Featured Benefits
Automatic Waiver of Premium
You will not have to pay your premiums while you are receiving an income benefit. During this time, your policy continues as normal, so that if you do return to work and at some stage in the future need to claim again your plan has continued unchanged.
Hospital Cash Benefit
A daily replacement income is paid if you are in hospital for more than seven days during your deferred period.
Job Change Benefit
Your Income Protection Plan will continue to cover you if you change jobs, regardless of what your new job entails.
For so many of our client’s recovery means a chance to return to work or begin a new career. Friends First offers resources and assistance to help you get back into the workforce when you are ready.
We will immediately restart your benefit if you have a relapse within six months of returning to work – there will be no waiting period in this case.
If you return to work part or full-time either in your old job or a new career, and your new earnings are less than previously earned, you may be eligible to receive partial benefit.
Guaranteed Increase Option
This option allows you to increase your income benefit by 20% of your original amount without having to provide new evidence of health. This offer will be made to you every three years, five times over the life of your policy, allowing you to increase your benefit by 100% of the original benefit amount.
Fixed or Reviwable Premiums
With full tax relief available on the premiums, you can choose between guaranteed fixed premiums, or reviewable premiums to further reduce the cost. With reviewable premiums, Friends First reserve the right to review and alter your premium, once every 5 years.
Should you wish to protect the value of your benefits, during your policy term whether in a claim period or not, you can add inflation protection. Should a claim occur your premiums payments are covered and your benefits continue to increase.