Living Expenses Insurance

Waiver of Premium

Our Waiver of Premium product pays your customers’ insurance premiums, pension contributions or savings plans if they are unable to work due to an accident, sickness, disability or involuntary unemployment for up to 12 months or until they return to work (whichever is the early event). It provides your customers with reassurance that their contributions will continue without interruption even if their circumstances change temporarily.

Client Benefits

Engages your top customers

This product is likely to be most relevant to more affluent customers with higher levels of disposable income, who are regular investors and make long-term financial plans.

Creates brand opportunities

With its appeal to wealthier customers, this product can give your brand enhanced status, changing perceptions and creating new market opportunities.

Customer Benefits

Protecting their investment

By ensuring your customers’ payments and contributions continue without interruption so that policies do not lapse, this product may help preserve the benefits they have accumulated.

Exact fit

Waiver of Premium is specifically designed for the most affluent customer segments. It complements standard insurance policies and provides a more complete solution for those who expect more from their insurer.

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