Vitality re-introduces earnings guarantee for income protection policies

The earning guarantee means members who take out an income protection policy can ensure a monthly benefit of up to £8,000, and that the point of claim current salary will not be considered when working out the maximum benefit payable.The feature was initially removed in March 2020 as part of restrictions placed on income protection following the Covid-19 pandemic.    As part of the feature, members will be able to verify their earnings within the first six months of their plan.  Monthly benefits of less than £1,500 will continue to be automatically guaranteed and members will ...