When life knocks you down, Eleos picks you up
The insurance to count on for regular financial support when work stops because of illness or injury.
LET'S START WITH
What is income protection insurance?
It gives you a regular income when you can’t work and earn.
You choose
What you pay and how much you get.
You pay
An affordable monthly premium.
You get
Regular monthly payments while you can’t work.
Applications are approved in minutes and it all takes place online.
And Eleos goes further, with extra benefits to make life happier and healthier
Remote GP
Free subscription to the Doctor Care Anywhere platform with your policy and access to GP services 24/7 by phone or video, unlimited 20-minute consultation and private prescription delivery.
PROVIDED BY:
Mental Wellbeing
Improve and maintain your mental health with a programme accredited by the National Institute for Health and Care Excellence (NICE).
Gym Discount
20% off ‘Anytime’ membership at any of Nuffield Health’s 110 gyms. Also includes a wide range of group exercises, classes, equipment and discounts on physiotherapy, personal trainers and Health MOT’s.
PROVIDED BY:
Life Cover
£6,000 paid to your spouse or your estate if you pass away during the life of your policy.
These extra benefits are discretionary, which means they can be withdrawn at any time. However, if we have to do this, we'll give you at least six months' notice. Check out our Extra Benefits page to see the full details of these valuable benefits, which won't cost you a penny more.
Why is income protection important?
It’s the only way to keep your income AND your savings.
Self-employed people can only claim Employment and Support Allowance, which is a maximum of £77 per week.
For employees, statutory sick pay only lasts for 28 weeks and is limited to £109.40 per week.
The average employer sick pay lasts for 28 weeks at the full rate then reduces to 50% for another 28 weeks.
With income protection insurance you’re buying a safety net that’s cheap to pay for and easy to manage. And when you need it, it’s just waiting for you to claim.
Why is income protection important?
It’s the only way to keep your income AND your savings.
Self-employed people can only claim Employment and Support Allowance, which is a maximum of £77 per week.
For employees, statutory sick pay only lasts for 28 weeks and is limited to £109.40 per week.
The average employer sick pay lasts for 28 weeks at the full rate then reduces to 50% for another 28 weeks.
With income protection insurance you’re buying a safety net that’s cheap to pay for and easy to manage. And when you need it, it’s just waiting for you to claim.
YOU MAY BE WONDERING
Why choose Eleos?
FCA
We’re an appointed representative of Innovative Risk Labs Ltd, which means we have authorisation from the Financial Conduct Authority.
Experience
We’re run by insurance professionals with over 20 years of industry experience.
Independence
We’re not part of any group – we’re an independent company, committed to doing things differently and better.
FSCS
Our policies are protected by the Financial Services Compensation Scheme. The FSCS can help with the cost of a replacement policy, refund your premiums, or pay up to 100% of a claim under your Eleos policy.
Don’t ask if you can afford to have it – ask if you can afford not to.
How much will I get?
If your income when you claim is the same as when you bought the policy you’ll get the full amount of cover. If it’s lower you might receive less.
How long before I'm paid?
When you buy your policy we ask you to choose a waiting period, which is the time between claiming and being paid. Once that period’s over you’ll start getting payments.
Is it easy to change or cancel my policy?
Yes, just log into your account to make changes. You can also cancel within the first 30 days for a full refund or any time after 30 days but without a refund. There’s no cancellation fee.
How do I claim?
1. Contact our underwriter by phone, email or post to get a claim form, or you can fill it in online.
2. Complete and return it at least 14 days before you expect your first payment. Include:
a copy of your passport or driving licence
a self-signed medical certificate for the first 7 days (we need certificates signed by your doctor after that)
evidence of your employment and income
What’s covered?
Your policy doesn’t specify qualifying illnesses or injuries. You just have to be unable to work and your illness or injury doesn't need to be work-related. When you apply we ask you about your health and any existing medical conditions, but very few of these will stop you from making a claim. In any case, we’ll let you know before you buy if you have any conditions that might prevent one.
Still got questions? Visit our support page where you can find more information about your policy, benefits and other interesting stuff. If you still have doubts, you know you can always get in touch.
Eleos Life Limited (FRN: 979255) is an appointed representative of Innovative Risk Labs Ltd which is authorised and regulated by the Financial Conduct Authority. Eleos Life Limited is a company registered in England and Wales (Company Number 14010855), with its registered office at 71-75 Shelton Street, Covent Garden, London, United Kingdom, WC2H 9JQ
©Eleos Life Limited 2023