LifestylePlan Insurance | Barclaycard

Is LifestylePlan for you?

This Short-Term Income Protection is optional. There are other providers of Short-Term Income Protection and other products designed to protect you against loss of income. For impartial information about insurance, please visit the website at www.moneyadviceservice.org.uk

Barclaycard LifestylePlan has been designed to offer flexible protection for your income, allowing you to tailor your cover options to suit your lifestyle so you can be covered for life's ups and downs.

Choose from Involuntary Unemployment, Accident and Sickness and Life Cover. Life Event cover will be included in any LifestylePlan policy that you take out. You choose the monthly benefit that will meet your needs. Up to 50% of your monthly gross earned income, or £2,000, whichever is the lower amount.

You can choose to defer your benefit payments for 30, 90 or 180 days. You choose the maximum period your claim can last, either 12 or 24 months. This would be the maximum number of months your monthly benefit would be paid.

10% Cashback

If you don't make a claim within 12 months from when you first took out your policy and have paid all premiums due over that period you will qualify for 10% Cashback.

Life Event

Life Event cover is included when you take out a LifestylePlan policy. Your quotation will include £2.50 per month for Life Event cover. Life Event cover can provide you a lump sum payment of £250 when you get married, get divorced, have a baby, adopt a child, move home as a result of a change of job over 125 miles away or are called for Jury service.

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What's not covered?

Life Event

• We're sorry but you can't claim your Life Event benefit if you have fostered a child, temporarily moved house or temporarily separated from your spouse.
• You can only claim for up to a maximum of two life events in any 12 month period.
• To qualify for your life events benefit your marriage or civil ceremony must occur more than 6 months after the start date of your policy.
• The birth or adoption of your child must occur more than 9 months after the start date of your policy to qualify for your benefit.
• If you move home it must be as a result of a change of work and the move must be in excess of 125 miles from your current home address.
• You will only be eligible to claim your benefit if you are called for and attend Jury service more than one month after the start date of your policy.
• You must be under the age of 70 when your life event occurs.

Involuntary Unemployment Cover

• You won't be eligible for cover if you knew that you would become unemployed before the start date of your policy. Once your policy is in place you can't make a claim in the first 60 days.
• Your unemployment must be involuntary and you must have been working continuously for six months immediately prior to your claim.
• Unemployment following the expiry of a fixed term contract or the end of seasonal or temporary work or where you are self-employed and your business has not permanently ceased to trade can't be covered.
• You must be under the age of 70 on the first day of your unemployment.

Accident & Sickness Cover

• You can't claim Accident & Sickness cover for any pre-existing medical conditions, or if your injuries are self-inflicted.
• You must be working, and your accident or sickness must occur after the start date of your policy.
• You must be under the age of 70 on the first day of your accident or sickness.

Life Cover

• Any condition, injury, illness, disease or sickness for which you have had symptoms, consulted a Doctor, or received treatment or medication during the 12 months immediately before the start date of your policy will not be covered.
• A suicide within 12 months of taking out a policy will not be covered.
• You must be under the age of 70 on the date of your death.

Who is eligible

LifestylePlan is available to anyone aged over 18 and under 70. You'll need to be a resident in the UK at the start date of your policy and under the age of 70 at the time of the event giving rise to a claim in order to be able to make a claim.

For full details of who is eligible and what is and isn't covered please read theGuide to Insurance.