A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Morgage Protection Insurance Jargon Buster
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POLICY SCHEDULE
The document which details the cover we will provide you under these terms and conditions.
POLICE - Eligibility for Accident & Sickness
Some Public Sector workers, such as Police, have an employment package that will pay (in the event of accident or sickness) 6 months full salary followed by a period of half salary. Please see the specialist policy designed for Public Sector Workers linked from the Home Page.
PROBATIONARY PERIOD how it affects your benefit payments You will not receive unemployment benefit if your dismissal is due to the inability to pass a probationary period
PRE-EXISTING MEDICAL CONDITION
This is a physical or mental condition whether diagnosed or not, which you knew about or in our reasonable opinion should have known about, or for which you received treatment prior to the start date.
You are not covered for pre-existing medical conditions that may cause you to claim for accident & sickness benefits. We may still insure you but we will not pay benefits directly relating to any claim which we consider you were aware of before the start date.
However you may be entitled to benefit if for 2 years before you became unable to work, you have been free of the symptoms, have not consulted a doctor about the condition or received treatment for it.
PREMIUM
The amount you must pay every month for cover under this mortgage protection insurance policy as documented on your Policy Schedule.
If you are in receipt of monthly benefits under this policy, you must continue to pay the premium as it falls due in order to ensure continuous cover under this certificate.
PUBLIC SECTOR WORKERS
Public Service workers (and some other workers), can receive full pay for a period followed by half pay for a similar period while off sick. Please see the specialist policy designed for Public Sector Workers linked from the Home Page.
RETURN TO WORK BENEFIT: Section 8 Policy Terms and Conditions
If you are eligible for incapacity benefit, you may also be eligible for return to work benefit. If you have made a successful incapacity claim for at least one full monthly benefit under this policy and:
- You have not received the maximum benefit period selected for incapacity; and
- You have returned to part-time work with your usual employer immediately after your doctor confirms you are certified fit for work; and
- You are receiving less than your usual basic salary from your employer;
We will pay you the difference between your usual basic salary from your employer immediately before the incident date, and your new salary, up to your maximum monthly benefit, less any state benefits as appropriate, providing that any reduction in pay is as a direct result of working reduced hours, due to the condition resulting in your incapacity claim.