The FAQ's (Frequently Asked Questions) listed below may assist you in deciding whether or not you are eligible to apply for cover. Should you have further questions that are not listed below you can check the full policy wording (terms and conditions) for each policy. These can be downloaded from the Paymentcare website.
Please note that the following eligibility criteria are mandatory for all applications:
You are over 18 years of age and below the statutory retirement age (cover ceases at age 65 maximum).
You are in permanent employment and work a minimum of 16 hours per week and have done so for at least 6 months prior to your policy start date.
You are not aware of any impending redundancies within the organisation you work for.
Yes, as long as you actually have a mortgage and loan agreement in your name and you meet the eligibility criteria. The maximum monthly benefit insured must not exceed £1500 in aggregate or 75% of your normal gross salary.
You can have joint cover for loan and mortgage protection as long as you are both named on the mortgage or loan agreement. If you are considering our Short Term Income Payment Protection policy this must be applied for separately by each individual.
Yes you can still apply for cover, but if your pre-existing medical condition has occurred within the 12 months' prior to your policy start date it will be excluded and you will not be covered for that condition.
As long as you work a minimum of 16 hours per week and have done so for at least 6 months prior to your insurance policy start date you can apply for cover.
Yes. We offer a range of cover options that may be suitable, which include Accident & Sickness (Disability) cover and Life, Accident & Sickness (Disability) cover. It is unlikely that Unemployment cover would be suitable if you are self employed.
Paymentcare Limited are authorised and regulated by the Financial Services Authority. Our FSA number is 314574. You can check this on the FSA's Register by visiting the FSA's website: www.fsa.gov.uk/register/ or by contacting the FSA on 0845 606 1234. Registered in England number 4506441, registered office: Office 2, CBTC, Euxton Lane, Euxton, Chorley, PR7 6TE
Paymentcare is a member of British Insurance Brokers Association.