Your income is essential. Do you have it insured? We all know at least one person who has been unable to work for a period of time due to illness or injury. In the event you cannot work due to illness or injury, we will pay you a monthly income, so you can still pay your bills even though you cannot work!
Call (242) 326-6779 or email email@example.com to ask about the NPL Income Protection Plans.
All disability/income protection plans may be purchased with cash value. How does this work? The policy will pay you a cash value return of premium once the policy has been in force a minimum of ten consecutive years. The cash value benefit is a percentage of the original premium, less any claims paid. After 10 years, you can expect 40% of your premium back, up to the 25th year when you can receive 100% of your money back.
Designed for persons who want income protection at a lower price. Pays a monthly income for 60 months if you cannot perform the material functions of your occupation due to illness or non-occupational injury.*
A 30-Month Disability plan is also available as a rider to most medical plans. It may also act as a standalone product. This means you are paid a monthly income for 30 months if you cannot perform the material functions of your occupation due to illness or non-occupational injury.*
Designed for white collar professionals such as doctors, lawyers, and dentists. Pays a monthly income for nine months followed by a lump sum payment, if you cannot perform the material functions of your occupation due to illness or injury. Monthly income payment is determined as 1% of the lump sum you select. Includes accidental death coverage equal to the sum insured.
This unique product pays a lump sum of cash on the occurrence of a first diagnosis of internal cancer, heart attack, stroke, chronic kidney failure, or major organ transplant (after the policy has been in effect for 180 days). Purchase cash amounts from $15,000 to $50,000. Price does not increase.
All income protection plans have a 90-day waiting period before monthly income commences.
*Non-occupational injury means an off-the-job injury.
Critical Illness Benefit pays 3 months of income protection benefit amount upon diagnosis of internal cancer, heart attack, stroke, chronic kidney failure, or major organ transplant.