Reason to recommend
No.6
OWN JOB
DEFINITION
Our Income Protection pays out if your client is
too ill to do their own job.
What makes our approach better
Most providers assess income protection claims against a person’s ability to do their own occupation. At Guardian, we assess claims against policyholders’ ability to do their own job.
What might sound like a small difference in terminology makes a big difference to the quality of the cover and provides greater certainty when it comes to claiming.
HOW DOES OWN JOB COMPARE TO OWN OCCUPATION
Own job is more specific and tailored to the exact role and responsibilities the policyholder performs in their work. This means that if they’re unable to carry out their specific job due to illness or injury, we’ll pay out. It’s more specific than the more common ‘own occupation’ definition, which covers a broader range of roles within a profession, which might include jobs with different responsibilities.
For example, although surgeon is the occupation, there are many different types of surgeons, and some may work in non-surgical roles. Under our own job definition, we wouldn’t expect a surgery-performing surgeon to transition into a non-surgical role if they were no longer able to operate.
MEANS WE CAN PAY CLAIMS MORE QUICKLY
With own job there’s less ambiguity, making it more straightforward to assess a claim. Our assessment is based on the policyholder’s actual job duties at the time of the claim. This reduces the chances of us declining a claim because they can still perform a different role within their occupation, or the same role with a different employer.
It also means we can pay more quickly – and for longer – as we won’t stop paying them until they can return to their own job.
REGISTER FOR A PRODUCT BRIEFING
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