Questions to ask about group disability benefits

1. Do you enjoy an income protection benefit or lump-sum cover, or both?

2. If you have an income-protection benefit:

● At what salary level does the incomeprotection benefit pay, and is it based on cost-to-company or pensionable salary? For how long does the benefit pay?

● What is the waiting period before the benefit pays?

● At what level does the income increase when you start claiming?

● Does the benefit pay if you are not able to do your own job, or not able to do a job similar to yours, or any job? 3. If you have a lump-sum benefit:

● How is the lump-sum benefit calculated?

● If it is based on salary, is it based on cost-to-company or pensionable salary?

● Does the benefit pay if you are not able to do your own job or not able to do a job similar to yours, or any job?

● Does the disability benefit accelerate the life benefit — that is, does the life benefit reduce if you claim the disability benefit?

● After settling your debts, what monthly income could the lump-sum benefit buy?