The headline premium rates for payment protection are shown in the tables below (per £100 of cover including Insurance Premium Tax).
The product is totally flexible so if you take out combined unemployment & disability cover, you can choose a different qualification period or benefit period for each element of cover.
Policies with a 12 month benefit period:
Unemployment
& Disability
Unemployment
Only
Disability
only
Back to Day One
after 30 Days
£4.25
£2.95
£2.35
Back to Day One
after 60 Days
£3.80
£2.75
£2.15
30 Day
Excess Period
£3.80
£2.75
£2.15
60 Day
Excess Period
£3.40
£2.50
£1.80
Policies with a 24 month benefit period:
Unemployment
& Disability
Unemployment
Only
Disability
Only
Back to Day One
after 30 Days
£5.95
£4.25
£2.75
Back to Day One
after 60 Days
£5.50
£4.00
£2.55
30 Day
Excess Period
£5.50
£4.00
£2.55
60 Day
Excess Period
£4.85
£3.75
£2.25
The premium you paid is guaranteed for each year of cover and will be reviewed each year. This means that you can be sure that your price won't change at short notice. The prices we charge depend on the overall cost of claims, are not linked to your individual circumstances and we guarantee not to increase costs to recover any previous losses we have made.
