Also known as Permanent Health Insurance, this is often seen as an alternative to critical illness cover, however the two fit well together for comprehensive protection. This benefit will be a proportion of your income in the event that you are unable to work due to ill health for a certain length of time. Payments will continue until such a time when you return to work or until your retirement date. Cover can be tailored to pay out in the event that you can not perform any occupation. Cover can be arranged to commence at day one or be deferred for varying periods to fit in with sickness pay that may be offered by your employer.
