Updated 12 April 2021
Can I amend my income protection contract to reduce my deferred period to Day 1 cover?
Unfortunately, this is currently not possible. The minimum deferred period available is 1 week deferred.
All amendments increasing the risk to a 1 week deferred period will have an exclusion for Coronavirus/Covid-19, other viral and respiratory tract infections, (to include self-quarantine, of all types, and/or caring for others with these conditions) and associated conditions including post-viral fatigue and post-viral depression.
This exclusion will apply to only the first four weeks of incapacity due to COVID-19/ Coronavirus and respiratory tract infections. If the incapacity extends beyond 4 weeks then a claim for COVID-19/ Coronavirus and respiratory tract infections will be considered.
I have a contract with a Day 1 cover. Can I increase my cover?
Unfortunately, this is currently not possible.