Your client’s most important job is to protect themselves

Executive Income Protection offers company directors a cost-effective solution to any unforeseen illness or injury in their business. With a premium that is tax deductible, your client will continue to be paid while they’re unable to work. Plus, they can also avail of unique benefits like access to Best Doctors Second Medical Opinion and Aviva Family Care.

It works just like an ordinary income protection policy in that it offers a replacement income if the person insured is unable to work due to accident or illness. The main difference is that executive income protection is taken out and paid for by the business on behalf of the Director or employee. The benefit, following a claim, is paid directly to the business who continues to pay the employee or director through PAYE whilst they are unable to work. The great news is premiums qualify as allowable business expenses that can be offset against corporation tax.

Other Aviva benefits

• Your client can cover a higher amount of income with Aviva – our maximum benefit at €262,500 is one of the highest allowable in the market.
• Guaranteed Increase Option provides the opportunity to increase the benefit by up to 20% every three years without additional underwriting. (To a maximum benefit of €262,500)
• Hospital Cash benefit provides a daily replacement income if your client is in hospital for more than seven days during the deferred period.
• With Waiver of premium included – the employer won’t pay any premiums while we’re paying them a claim for an absent employee, and the plan will carry on as normal. This means if or when they return to work and need to claim again – they can.
• Partial Benefit – If the employee returns part time after an illness, they may be eligible for a partial benefit payment to supplement their income.
• Continuation Option – If the employee leaves service within the term of the plan they will have the option to continue it in their own name without any medical, subject to the terms and conditions in the policy conditions.
• Best Doctors Second Medical Opinion – If faced with a medical problem, your client may need guidance on their diagnosis or treatment. This service provides a second medical opinion from a panel of 50,000 world-renowned experts at no extra cost.
• Aviva Family Care Mental Health Support – Our confidential Mental Health Support service included free of charge with our protection policies, offers quick access to tailored mental health advice from qualified psychologists.

Contact your clients with our marketing supports

Customer Flyer & Letter

 

 

Executive Income Protection Flyer

 

 

Executive Income Protection Customer Letter

Sample social media posts

• There are many elements to your business, the most important one is you. Protect yourself with Aviva Executive Income Protection. #aviva #ad
• If you can’t work, how will your business? Aviva Executive Income Protection offers you financial security should you fall ill or become injured. #aviva #ad
• When the unfortunate happens, know that you are protected. Aviva Executive Income Protection is the tax deductible safety net you can rely on. #aviva #ad

For more information about Executive Income Protection, please contact your Account Manager.

*Aviva Life & Pensions Ireland does not guarantee the on-going availability of the Best Doctors – Second Medical Opinion benefit to its policyholders or the Aviva Family Care Benefit (Mental Health Support) and may, at its sole discretion, withdraw access to the service at a month’s notice. If we withdraw it, we’ll write to notify policyholders at least 30 days in advance of its removal. Teladoc Health (who provide the Best Doctors and Aviva Family Care Benefit) is not a regulated financial service.