Please note that the overview of the easiprotect product range provided on this page and across the website is of the most recent easiprotect policy wording (ME04) which was introduced on 1st July 2014. If you bought your policy before 1st July 2014 then you should contact either the adviser who sold you your policy or MMS if you require further information.
easiprotect is a regular commitments protection insurance policy that protects your ability to pay your monthly bills in the event of Accident, Sickness or Unemployment (ASU). easiprotect enables you to maintain payments to your mortgage, rental agreement or secured loan with an optional 100% uplift; this means, for example, if you choose to cover a monthly mortgage repayment of £500 then you can cover an additional £500 which in total is £1000.
easiprotect has been developed to be customer focused, easy to understand and fully flexible and portable. Just like your car or household insurance, you own your policy and can make changes to it at any time depending on your changing needs. We do, however, still recommend that you take professional advice to make sure that easiprotect is the right policy for you.
Cover features and benefits
- Choice of Accident and Sickness cover and Unemployment cover
- A monthly benefit of up to £2,000 per month or 75% of your income after tax
- 12 months benefit period
- 3 Excess options of day 1 cover, 30 day excess and 60 day excess
- No job or industry sector exclusions
- Benefit payments are payable directly to you
This regular commitments protection insurance is optional. There are other providers of regular commitments protection insurance and other products designed to protect you against loss of income. For impartial information about insurance, please visit the website at www.moneyadviceservice.org.uk
easiprotect is priced by reference to your age and the combination of options selected. As an example, a 35 year old taking ASU with a 30 Day Excess, 12 Months Benefit and covering their mortgage will pay £3.05 per £100 of monthly benefit. The monthly cost includes Insurance Premium Tax (IPT) at the present rate.
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 Key Facts. 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 and under the continuing care of a Consultant Psychiatrist;
Pre-existing medical conditions. To be eligible to claim you must not have consulted or received treatment from a registered medical practitioner or suffered from your sickness, disease, condition, or injury in the 12 months prior to the policy start date. If you have a pre-existing condition then any claim connected to it is excluded, until you have been clear of it for a continuous 24 month period. Please read the Policy Wording for further details;
Claims relating to backache unless there is radiological evidence of a medical abnormality, visible wound, contusion, 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 at the start date of cover or within the initial exclusion period;
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 unemployment is temporary or 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.