Presentation on theme: "Sovereign Income Assistance Plan"— Presentation transcript:
1 Sovereign Income Assistance Plan Presentation for Xxxx CompanySovereign Income Assistance PlanPaying you an income when you can’t workUnique cash back optionAPRIL Insurety is a trading name of Insurety Plc who is authorised and regulated by the Financial Services Authority, noSOVPP 1009
2 Introduction to APRIL Insurety Presentation for Xxxx CompanyIntroduction to APRIL InsuretyStrength behind the nameInsurety Plc is authorised and regulated by the Financial Services Authority.We are part of the APRIL Group who operate in 25 countries and look after some 2.5 million policyholders worldwide.The APRIL Group are valued in excess of £1.1 billion.In 2007 they paid out claims totalling £88 million.The plan is underwritten by London General Insurance Company Limited (LGI) who is The Warranty Group's European general insurance underwriting company. They have been providing insurance products to some of the leading retailers, banks, and financial services companies throughout Europe for over 30 years. LGI is rated A- (Excellent) by AM Best for their financial strength and is authorised and regulated by the Financial Services Authority.Worldwide CredibilityThe APRIL Group has operations in the following countries:Italy, Spain, Portugal, UK, Germany, Ireland, France, Bulgaria, Hungary, Poland, Canada, Mexico, Croatia, Ukraine, Slovenia, Serbia, Switzerland, Romania, Russia, Tunisia, Belgium, India, Lithuania, Andorra, Belarus.
3 Presentation for Xxxx Company OUR AIM…Provide financial assistance when you can’t provide for yourself through accident or sickness
4 Presentation for Xxxx Company Don’t worry – we’ve heard it all before I don’t need insurance because…
5 But in the real world… These are the Facts: Presentation for Xxxx CompanyBut in the real world… These are the Facts:Over 2.6 million people are claiming Incapacity Benefit.You are 26 times more likely to be incapacitated and off work for more than 6 months, than to die before the age of 65.More than 1 in 3 people will develop some form of cancer in their lifetime.An estimated 150,000 people have a stroke every year – that’s 1 every 5 minutes.There are over 320,000 work related injuries each year.Source: Department of Work and Pensions, IAD Information Centre (DWP) ONS AnnualAbstract of Statistics 2005, Cancer Research, The Stroke Association, RosPa.
6 If something happens to YOU... How would you pay for these: Presentation for Xxxx CompanyIf something happens to YOU... How would you pay for these:Mortgage/RentFoodPhone BillsElectricity/GasChild ExpensesCar ExpensesCouncil TaxWater BillsLoans/Credit CardsHolidaysEntertainmentClothes
7 Can you survive on State Benefits? Presentation for Xxxx CompanyCan you survive on State Benefits?You could be entitled to Employment and Support Allowance: First 13 weeks (Assessment Phase) Single person under 25 - up to £51.85 per week- Single person over 25 - up to £65.45 per week From week 14 (Main Phase)- Single person - up to £91.40 per weekDepending on your circumstances and severity of your illness or disability - you may be entitled to more or less money.Source: Department of Work and Pensions, valid until 5th April 2010.
8 SO YOU AGREE PROTECTING YOUR INCOME IS IMPORTANT TO YOU… Presentation for Xxxx CompanySO YOU AGREE PROTECTING YOUR INCOME IS IMPORTANT TO YOU…Introducing the Sovereign Income Assistance Plan
9 Summary of the Cash Benefits Presentation for Xxxx CompanySummary of the Cash BenefitsACCIDENT AND SICKNESS MONTHLY BENEFIT Paying you between £250 and £2,500 per month Maximum monthly benefit: 60% of your gross earnings/net profit/additional cost to continue your business. Evidence of loss of income up to the benefit level required upon claim.HOSPITALISATION BENEFIT Paying you between £25 and £250 a day (10% monthly benefit) After 48 hours hospitalisation, maximum of 30 days each policy year.SERIOUS INJURY BENEFIT Paying you between £12,500 and £125,000 (50 times monthly benefit) Should you permanently lose the use of two limbs or the sight in both eyes. Half benefit if one limb or one eye. In addition you will still receive your monthly benefit.ACCIDENTAL DEATH BENEFIT Paying out between £12,500 and £125,000 (50 times monthly benefit)
10 Presentation for Xxxx Company Additional BenefitsOPTIONAL BUSINESS FAILURE/UNEMPLOYMENT COVERIn the event of Business Failure or Unemployment we will pay you a monthly income of between £250 to £2,500.HOME WORKER COVEROption to include a non-earning spouse or partner for Accident and Sickness Cover for a small premium.FREE CHILD COVERInclude a partner on your policy and up to 4 named children (age ) can be covered for Accidents and Hospitalisation (from an accident only), absolutely FREE.INDEX LINK YOUR POLICYOption to increase your benefit by up to 5% each year (to the nearest £50) to ensure it keeps up with inflation.
11 Presentation for Xxxx Company We have nothing to hide… Exclusions have been kept to a minimum, but as you would expect - in common with other insurers - war, AIDS, deliberate self inflicted injuries and normal pregnancy are not covered along with the following:Sickness for the first 90 days of the planChronic conditions - for example existing diabetesAlcohol, solvent or drug abuseBackache or whiplash (unless there is radiological evidence of medical abnormality)Failure to seek or follow medical adviceMental illness or stressParticipation in criminal activitiesYou are away from the European Union for more than 90 days consecutively, subject to residency rules
12 Easy to apply… No Medical Examinations or Questionnaires Presentation for Xxxx CompanyEasy to apply… No Medical Examinations or QuestionnairesYou are guaranteed cover under our ‘Moratorium Clause’.This means:NO medical examinations, NO lengthy questionnaires and NO waiting for medical reports from your GP.The underwriting process is quick and simple. You can be covered immediately, without delay.We apply a straight forward exclusion to any medical conditions (or related) that you may have suffered in the last 2 years. Once you go just 2 years from the policy start date, free of symptoms, treatment, medication, tests or consultations for that condition, you will then be covered for it should it arise again.
13 Presentation for Xxxx Company Quick and simple claims process… We have made it refreshingly simple to make a claim on this policy
14 Presentation for Xxxx Company Our promise to you…Cover 365 days a year, 24 hours a dayAs soon as we receive your first premium you are covered at home, at work, on holiday - anytime, doing anything!Benefits are paid directly to you to use as you wish.We will never increase your premiums or refuse to renew your policy because you make too many claims.You will have 30 days to review the plan in the comfort of your own home.Worldwide Cover.
15 BEST OF ALL! Our Amazing NO CLAIMS Cash Back offer… Presentation for Xxxx CompanyBEST OF ALL! Our Amazing NO CLAIMS Cash Back offer…Include our NO CLAIMS Cash Back option and you get this extraordinary money back guarantee:If you keep your policy for 12 years and do not make a claim, we will refund 25% of ALL the premiums you have paid!That’s money if you claim! Money if you don’t!
16 How much does this protection cost? Presentation for Xxxx CompanyHow much does this protection cost?At APRIL Insurety we always put the customer first. That is why the price is down to you.We recommend that you allocate an affordable amount per week to protect your future.What is an affordable amount for you each week?