OneCare Income Secure Cover

OneCare Income Secure Cover replaces up to 80% of your income if you are unable to work because of illness or injury.

It is a product designed for people in regular paid employment (at least 30 hours per week), and can have a significant impact on your financial situation while you cannot work and earn money. If you become unemployed after you take out your policy your cover may remain in place, although the circumstances under which you can make a claim may change.

You can choose a benefit period for your OneCare Income Secure Cover of either 2 or 6 years, or up until you reach age 55, 60, 65 or 70.

There are four levels of Income Secure Cover available. They offer different levels of protection and the cost of premiums will also be different depending on which policy you choose.

• 'Standard' cover provides core income protection at the most affordable rate.
• 'Comprehensive' cover offers additional benefits to help with the expenses related to an injury or illness.
• 'Professional' cover provides an extensive range of benefits specifically designed for people in 'white collar' occupations.
• 'Special risk' cover offers core benefits for people in higher risk occupations, who may not generally qualify for an income protection policy.

For standard, comprehensive or professional policies you can choose whether to insure an agreed ('guaranteed') amount or whether to take out an indemnity policy, where the amount of benefits you can claim will be determined by how much money you earn in the 12 months before your injury. If your cover is special risk you will only be able to take out an indemnity policy.