Income Protection

This Income Protection product is available from particular FCA regulated intermediaries and underwritten by Arch Insurance (UK) Limited and administered by MMS. Keystone Income Protection is a Short Term Income Protection policy, which enables you to protect up to 65% of your gross income or £2,750 per month, which ever is the lower amount, provided that you have a mortgage or are named as owner of your primary residence.

Cover features and benefits

• Choice of Accident and Sickness cover and Unemployment cover
• A monthly benefit of up to £2,750 per month or 65% of your gross income
• Up to 12 months benefit period
• 3 Excess options of day 1 cover, 30 day excess and 60 day excess
• Benefit payments are payable directly to you

There are other providers of Short Term Income Protection and other products designed to protect you against loss of income. For impartial information about insurance, please visit the website at www.moneyhelper.org.uk.

What is not covered / excluded

Like all insurance policies there are limitations and exclusions that may apply and prevent you from making a claim. Details of these exclusions can be found in the Policy Wording, or a summary can be found in the IPID. Some examples of these exclusions include:

• Claims relating to self-inflicted injuries, alcohol or drug abuse.
• Mental and nervous disorders, such as stress, unless diagnosed by a registered Consultant Psychiatrist, or under the care of a psychologist or mental health nurse and continuously remain under their supervision.
• Pre-existing medical conditions. Any condition, injury, illness, disease, sickness or related condition and/or associated symptoms, whether specifically diagnosed or not, for which medical evidence shows you knew about or were experiencing symptoms that you would have been aware of in the 12 months prior to the start date of the insurance or cover increase date (whichever is the later), then that particular condition, or any claim attributable to it is excluded until you have been clear of it for a continuous 24 months period following the start date or cover increase date. Please read the Policy Wording for further details.
• Back related conditions, unless there is radiological evidence of a medical abnormality or a Consultant certifies that the condition solely prevents you from working.
• Claims arising due to elective or cosmetic surgery and / or treatments.
• Any unemployment that you knew about, or had reason to suspect, at the start date of cover or within the initial exclusion period of 120 days.
• If you are dismissed due to misconduct, which may include fraud or anything that led to or might have led to a disciplinary procedure being taken by your employer.
• If your unemployment is voluntary, for example, if you resign or accept voluntary redundancy.
• If you do not register with the Jobcentre and are not continually available and actively looking for work.
• If your employment is temporary or if you are self-employed. (If the insured person, or a close relative, is a Director or Shareholder of the employer they may be considered as self-employed for the purpose of the cover. Self-employed also includes anyone carrying on a business or anyone registered as a Director at Companies House).