Why choose specialist income protection from Wesleyan?
Whether you’re still studying or you’re a newly qualified doctor, we’ll make sure your financial health doesn’t suffer if you’re hit by illness or injury. We’ll even pay your premiums in your final year of medical studies.
- Receive a regular tax-free income to help cover your outgoings should you become unable to work or study
- Cover your income before or after you qualify as a doctor
- Access free care and support services to help you back to health
- Let Wesleyan pay your premiums in your last year of studies
- Enjoy discounted premiums once you qualify as a doctor
- Get benefits tailored to fit around the NHS sick pay scheme
- Take your cover with you wherever your career leads
Care and support
Frequently asked questions
How much benefit will I receive?
You’ll be entitled to a fixed benefit of £210 per week. The benefit is payable after the first six weeks of your absence.
New Doctor Cover:
The cover provided is designed to reflect the typical starting salary and increases in the early years of your career. The amount of benefit you will initially be eligible for is £380 per week. You can choose to increase this.
To help make sure your cover reflects typical salary increases and any rise in the cost of living, this figure will automatically increase by 10% each year. You can choose to reject the increase.
If you didn’t turn down any of the fixed 10% increases, the normal amount of cover you can expect will be £556 per week.
If you chose to increase your cover above £380 per week when you had New Doctor Cover, the starting cover in the Flexible Cover phase will reflect this increase.
If you refused any of the 10% fixed increases during this phase, the starting cover may be less.
What qualifies as a claim?
To successfully claim benefit, your illness or injury must prevent you from completing your studies or, once you are working, from fulfilling your role.
This means you are totally unable to carry out your essential duties because of your illness or injury.
We’ll always need to see a medical report from your doctor before we can pay out. Sometimes we may require you to provide more details or evidence too. There’s more detail on how we assess your claims in the Key Features Document.
How many times can I claim?
There’s no limit to the amount of claims you can make under your plan.
All we ask is that you restart paying your premiums when your claim ends so that you maintain your cover. Unless of course we’re paying the premiums for you at the time.
How much does income protection cost?
If you’re taking out student cover, it won’t cost you anything in your final year of study. We pay the premium for you.
After that, your premiums under our New Doctor cover are subsidised, but the exact price of your premium will depend on the level of cover you choose.
Below you will find some useful documents to help you better understand our income protection plan. Have a read through before you apply. You might want to save them for future reference too: