BUPA, a provider of health insurance, has relaunched its individual income protection plan. The revised plan provides a cover available up to age 70 in line with changes to age discrimination legislation.
Under the new plan, individuals may work until later in life and a simplified mortgage outlay cover up to 140% of the initial mortgage benefit may be covered to help with additional expenses such as council tax and utility bills.
The plan also offers two year limited benefit period in order to help reduce premiums, benefits may be paid out for up to a maximum of two years following a claim.
Under the revised plan, if a policyholder’s dependant suffers from a condition covered by the plan, the policyholder will receive a lump sum benefit which may contribute towards their care.
Steve Casey, product and marketing manager at BUPA individual protection business, said: We are delighted to be able to offer our flexible income protection product to our supporting intermediaries both online and on paper.