Bright Grey doubles maximum IP benefit

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Bright Grey is doubling the maximum benefit on its income protection (IP) plans as part of a raft of improvements to its IP offering.

Total possible benefit for successful claimants is now £150,000 a year, the Royal London-owned protection specialist says, double the original £75,000 a year. Maximum benefit for house persons and those not receiving a salary has also increased, from £12,000 to £16,800, while its 'Maximum Cover Increase Option' has gone from £3,000 per annum to £8,000 per annum. Elsewhere, Bright Grey has also signed a deal with case management provider HCML to provide rehabilitation services to those unable to work due to illness or injury. Bright Grey says the arrangement will complement its existing ...

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