What is My Sick Pay?

We cover a wide range of jobs, from accountants to zookeepers. Your client will get a fair price, based on factors like their job, age, and whether or not they smoke.

Your client can buy My Sick Pay if:

• They’re working in a job that we’ll quote for
• They’re aged 18-59
• They’re normally working at least 16 hours a week and pay income tax in the UK
• They’re either employed or self-employed
• They have a UK bank account in their name that they can pay their Direct Debit from
• They’ve been both a resident in the UK and registered with a UK GP for the last 3 years

We’ve written our documents in everyday language. We’ve removed jargon, defined terms and passive language, so My Sick Pay is easier for your clients to understand.

We offer more flexibility than many other providers in how you can set up your client’s insurance.

Our options, on their own, or in combination, can make a real difference to the price your client’s pay, so you can work to even the lowest budgets.

• Age based prices start off a lot lower than level prices, but they go up each year with age. This can make your client’s initial price much more affordable, which can help, if your client is on a budget.
• Level prices, these will initially be more than age-based, but they won’t increase with age.
• Pay outs of 1 year, 2 years or to an end age of your client’s choice. If price is an issue, the shorter the pay out, the cheaper your client’s price will be.
• Prices that are guaranteed not to change, or reviewable prices that start off lower and could go up, down or stay the same in the future.
• The choice of how many weeks to wait before your client’s insurance pays out: 1, 4, 8, 13, 26 or 52 weeks. The longer they wait, the lower it will cost.

Your client’s insurance can be up to a generous 65% of what they earn before tax.

We don’t use tiers, it’s a straightforward 65%. This makes it easier to understand and means we can often provide more insurance than other providers for higher salaries.

The maximum amount of insurance your client can have is £65,000 a year (£5,416 a month).

If your client’s earnings drop, they could be left with more sick pay than we usually allow. So we’ve included a Drop in Earnings Guarantee.

With this we guarantee to pay £1,500 a month of Sick Pay (or the amount of insurance they chose if it was less than this), even if your client’s earnings drop after they bought My Sick Pay.

Your client will need to have been normally working 21 hours a week for the guarantee to apply (a lower amount of hours than some other providers).

We know that life happens, and we want your clients to be able to flex My Sick Pay as their lives change.

So, we’ve picked out six different important life changes based around family, work and home that could happen to them. If they do, they can increase the amount of Sick Pay they have without needing to answer any more health questions.

They can use the Life Changes guarantee up to three months after the change happens.

The life changes your client can use are 1) marriage / civil partnership 2) having a child / adoption 3) changing job and increasing salary 4) earnings go up by 20% or more 5) a new mortgage or increase to an existing mortgage 6) increase in rent.

We’ll pay your client Sick Pay each month if they’re too unwell to do the main things involved in their own normal job. That’s easy to understand and easier to claim on than traditional ‘own occupation’ claims definitions.

Our terms and conditions haven’t got any standard exclusions, like HIV or drugs or alcohol. So, there’s no need to worry about any ‘nasties’ hiding in the small print if your client needs to make a claim.

Unlike some other providers, we’ll automatically cover the cost of your client’s insurance while they’re claiming. We don’t want them to have to worry about paying for it, from the Sick Pay we’re paying them.

If one day, your client decides to move from their current job to a higher-risk job, or even one we wouldn’t have quoted for, they can keep their insurance at the same price.

Not only that, but if they move to a lower-risk job, they can contact us, and we’ll see if we can reduce their price.

We’ll never reduce your client’s Sick Pay because they’re claiming state disability benefits.

We can’t control government rules, and, depending on the rules in place in the future it’s possible that what we pay your client could affect the state benefits your client could receive.

However, it’s also worth noting that state benefits can be low amounts, hard to claim and it’s uncertain what they will be in the future. In comparison, My Sick Pay let’s your client take control of their finances with certainty, by making their own personal arrangements.

Your client can make multiple claims, even if they’ve chosen the 1 or 2 years pay-out option, and they’ve already claimed for the full 1 or 2 years:

• For any new conditions or accidents, they can make a brand-new claim.
• They can even claim again for the same condition after using their maximum amount of Sick Pay, if it’s after six months, and as long as they’ve returned to work.

Full details are in our Terms and Conditions.

In the sad event that your client is diagnosed with a terminal illness, we’ll pay six months’ worth of Sick Pay as a lump sum, straight away. That’s on top of their monthly Sick Pay which we’ll start paying immediately, with no wait.

If someone recovers from their illness and needs to go back to work part-time, or in a lower-paid role, we’ll top up their earnings for up to a year, to help them get back to work comfortably.

We’re happy to consider paying for medical treatments that might help with your client’s recovery.

If your client wants their Sick Pay to keep up with the cost of living we’ll increase both the amount of Sick Pay they have, and what they pay for it, by RPI.

Also, your client can refuse our cost-of-living increases as many times as they want. We don’t put a limit on it unlike many other insurers.