Is this you?
You are self-employed with no sick pay to fall back on.
Your employer sick pay covers only a few weeks at full pay.
You want a monthly income, not a one-off lump sum, if you cannot work.
You have a mortgage and no realistic buffer for a long period without earnings.
How Verion helps
We set the benefit to a realistic share of your income and choose a deferred period that fits your savings and any sick pay.
We explain the difference between own-occupation and lesser definitions, which decides when a claim pays.
We compare cover from providers on our panel on definition quality, not price alone.
We structure the policy so it works alongside any existing benefits rather than duplicating them.
The process
Understand
We look at your income, outgoings, sick pay and how long your savings would last.
Set the terms
We choose the benefit amount, the deferred period and the claim definition together.
Recommend
A clear recommendation with the reasoning behind each setting and the cost.
Apply and review
We handle the application and review the cover when your income or job changes.
Things worth knowing
The deferred period is how long you wait before the benefit starts. A longer wait lowers the premium.
An own-occupation definition pays if you cannot do your own job, which is usually the stronger wording.
Benefit is capped at a proportion of your earnings, so it tops up rather than fully replaces income.
Cover can run to retirement age or for a shorter fixed period. The choice affects both value and cost.