The date when you can start to receive payment protection benefits under a policy will depend on the excess period you have selected.
The Payment Protection excess period is the length of time you have to wait before you can make a Payment Protection claim and determines when the monthly benefit can be paid/received under the terms of the policy.
In all instances you cannot make a claim until you have been unable to work for at least 30 consecutive days, even if you select a ‘0 Days’ excess period.
You decide what period is right for you, choosing between the four excess periods stated below:
Please note ‘0 Days’ excess period is sometimes referred to as ‘Back to Day 1’ cover by other Payment Protection Insurance Providers.
You are responsible for any of your monthly outgoings due for payment in the excess period you have selected. Once we have started making payments to you, it is your responsibility to ensure your monthly outgoings are paid.