Income Protection

We’re all different, and the protection needs of your clients are too. Our new Plus products offer a new level of simplicity, flexibility and affordability.

We have a proven track record of delivering when it matters most, paying an average of 95% of all income protection claims over the last 10 years.

We’re consistently recognised in the industry for our product and service excellence, winning numerous awards over many years.

Overview


Income protection by The Exeter just got better. Our new Plus products are simpler, more flexible and more affordable than ever before, so your clients will never have to compromise on the quality of their income protection cover again.

Simpler

We’ve standardised our plans to simplify your conversations:

  • Improved benefit fix options for a quicker, more stress free claim process
  • An improved waiver of premium feature included as standard
  • Guaranteed insurability options included as standard

More flexible

New product options that you can adapt to create the right product at the right price:

  • A wider range of claim periods – 2 year, 5 year and full term
  • A wider range of waiting periods, from Day 1 to 1 Year
  • More premium options to find the right price for your clients.

More affordable

With new, improved prices you’ll never have to look elsewhere for quality protection:

  • Discounts of up to 50% on Pure Protection Plus, the benchmark plan for manual occupations
  • The lowest prices ever on Income One Plus, specialist protection for low risk occupations

Click our new Adviser Guide to Income Protection or the product pages on the left to find out more.

Pure Protection Plus

Pure Protection Plus

Pure Protection Plus is the benchmark income protection plan for people who work in manual, physical occupations and skilled trades.

For other insurers, this sector is often an afterthought but at The Exeter we know just how important it is that this group has access to quality and affordable income protection.

Key Benefits

  • Cover from day 1, along with a range of waiting periods
    Our day 1 cover option means a claim could be paid after your client has been off work for just 3 consecutive days - we will then backdate the claim to the first day they were absent from work due to illness or injury.
  • An own occupation definition for all, forever
    Some insurers offer a range of definitions according to occupation and risk. With The Exeter it’s different – we only offer your clients an own occupation definition, for all – forever.
  • Affordable age-costed premiums
    With Pure Protection Plus, premiums rise with age - a structure which helps many people with tight budgets buy protection they couldn’t otherwise afford. Clients can choose between guaranteed or reviewable age-costed premiums.
  • No standard policy exclusions
    We think income protection should be designed to be used, so there are no standard exclusions that might cause surprises at claim.
  • A choice of claim periods
    If long term cover doesn’t suit your client’s budget, you can select a limited claim period of 2 or 5 years for each individual claim, providing valuable cover at a lower price.
  • Options to fix your client’s benefit
    Our new benefit fix options reduce the risk of over insurance and further simplify the claims process. Read our Guide to Income Protection to find out more.
  • Cover that changes with your client
    Pure Protection Plus includes a guaranteed insurability option as standard, as well as short and long term policy breaks, ensuring you can adapt your client’s cover as their life and needs change.

For more information, please see our Guide to Income Protection, Key Facts and Policy Document.


Income One Plus

Income One Plus

Income One Plus provides bespoke cover for professional, low risk and administrative occupations.

By giving your providers the choice between age-costed and level premiums, Income One Plus can better suit needs and budget. For some, the certainty a level premium provides is key, whereas for others an age-costed premium means cover is more

Key Benefits

  • Cover from day 1, along with a range of waiting periods
    Our day 1 cover option means a claim could be paid after your client has been off work for just 3 consecutive days - we will then backdate the claim to the first day they were absent from work due to illness or injury.
  • An own occupation definition for all, forever
    Some insurers offer a range of definitions according to occupation and risk. With The Exeter it’s different – we only offer your clients an own occupation definition, for all – forever.
  • Affordable age-costed premiums
    Some people like certainty, some want premiums to be as low as possible to begin. Level premiums start higher but stay the same, age-costed premiums are cheaper to begin with, but increase with age. Income One Plus offers both options for complete flexibility.
  • No standard policy exclusions
    We think income protection should be designed to be used, so there are no standard exclusions that might cause surprises at claim.
  • A choice of claim periods
    If long term cover doesn’t suit your client’s budget, you can select a limited claim period of 2 or 5 years for each individual claim, providing valuable cover at a lower price.
  • Options to fix your client’s benefit
    Our new benefit fix options reduce the risk of over insurance and further simplify the claims process. Read our Guide to Income Protection to find out more.
  • Cover that changes with your client
    Income One Plus includes a guaranteed insurability option as standard, as well as short and long term policy breaks, ensuring you can adapt your client’s cover as their life and needs change.

For more information, please see our Guide to Income Protection, Key Facts and Policy Document.


Bills & Things

Bills & Things

Bills & Things is entry-level income protection, designed to streamline and simplify the advice and buying process.

This plan is so simple there are just two decisions for you and your clients to make – how much cover is needed and for how long – is a 1 or 2 year maximum claim period required? Cover is available in blocks of £100, from £500 to £1,000 per month.

Bills & Things isn’t linked to income, so there is no financial underwriting at either application or claim, removing the worry of over insurance.

Some insurers offer different definitions according to occupation and risk. With The Exeter it’s different – we only offer your clients an own occupation definition, for all – forever.

Premiums from just £11.50 per month.

For more information, please see our Guide to Income Protection, Key Facts and Policy Document.


Income Protection (Holloway)


Income Protection is a traditional Holloway style plan, where the core income protection benefit is supplemented by a 'with profits' element, which provides the possibility of a lump sum payment when the policy finishes.

Holloway style income protection plans are popular with people who like the concept of getting a cash lump sum, as well as the core income protection benefits.

Key Benefits

  • Cover from day 1, along with a range of waiting periods
    Our day 1 cover option means a claim could be paid after your client has been off work for just 3 consecutive days - we will then backdate the claim to the first day they were absent from work due to illness or injury.
  • Simple pricing structure
    This plan is priced so neither occupation nor smoker status has an impact on the premiums paid.
  • Tax free lump sum
    A proportion of the premium costs are invested with the aim of providing a small, tax free lump sum when the policy finishes. A nice little bonus on top of the reassurance of quality income protection cover.

For more information, on Income Protection (Holloway) and to obtain a quote, please contact us.

Underwriting


Our enhanced, rules based application journey uses dynamic questioning, designed to gather all of the information we need immediately.

This simple and quick route to cover enables more of your clients to receive an instant decision, saving you time on processing applications.

Delegated underwriting

Our new online application also includes a unique feature called delegated underwriting. If you’re submitting an application and get stuck on a question, you can simply delegate those questions via email for your client to complete, then continue to process the information once they have.

Have a question?

If you have any questions about an application, our underwriters are here to help.

It may be that your client has a specific medical condition or family history, or a high riskoccupation or hobby; either way you can speak to an underwriter directly by calling 0300 123 3203 or emailing underwriting@the-exeter.com.

Alternatively, download our Underwriting Guide at www.the-exeter.com/documents.

Membership Benefits


As a member of The Exeter, your clients have access to a number of value added benefits on top of their core insurance cover, at no additional cost.

Exeter Assist

Offering confidential support and guidance on a wide range of issues, from relationship concerns to worries about debt.

GP Helpline

A phone and webcam service providing information and advice about your client's health concerns or those of their family.

Private prescription service

A follow-up to the GP Helpline, providing a hassle-free way of receiving medication, without a trip to an NHS doctor.

Membership Benefits

For more details, please visit the Membership Benefits page.