The costs of cover under income-protection-bestquote.co.uk are expressed as a rate per £100 of monthly benefit and include insurance premium tax.
MONTHLY PREMIUM RATES
TYPE OF COVER
BENEFIT PERIOD
RATE PER £100 OF MONTHLY BENEFIT
EXAMPLE
Unemployment
12 months
£2.50
If you choose unemployment only cover with £400 of monthly benefit for 12 months. The premium is calculated as follows:
£400 x £2.50 ÷ 100 = £10.00 per month

If you choose unemployment and disability cover with £400 of monthly benefit for 24 months. The premium is calculated as follows:
£400 x £5.00 ÷ 100 = £20.00 per month
24 months
£3.00
Disability
12 months
£2.50
24 months
£3.00
Unemployment and Disability
12 months
£4.50
24 months
£5.00

 

 

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