Pay Assure: Your Financial Lifeline for Income Protection

Receive up to 75% of your average monthly salary . Coverage continues if you can't work in your current occupation due to illness or injury. Partial benefits available if you return to work in a reduced capacity.

Lump sum payment of six times your monthly benefit to your loved ones.

Get reimbursed for rehabilitation expenses up to three times your monthly benefit .

Choose a 60, 90, or 180-day pre-benefit period. Select to receive benefits up to age 55, 60, or 65.

Pay Assure doesn't just cover injuries. It also protects you against illnesses, including mental health conditions . In today's high-stress world, this is a crucial feature that many other plans overlook.

The ability to choose your pre-benefit period and coverage duration allows you to tailor the plan to your specific needs and budget .

The rehabilitation expense reimbursement is a unique feature that goes beyond just replacing income . It actively supports your recovery process.

If you can return to work but in a reduced capacity with lower pay, Pay Assure continues to support you by supplementing your income .

While the primary focus is on income protection, the inclusion of a death benefit provides an additional layer of financial security for your loved ones .

If your family relies on your income, Pay Assure can ensure their financial stability even if you're unable to work.

Without employer-provided benefits, self-employed people are particularly vulnerable to income loss due to illness or injury.

If your job requires physical ability, an injury could significantly impact your earning capacity.

If you don't have substantial savings to fall back on, Pay Assure can provide crucial financial support during difficult times.

Whether you have children, aging parents, or other dependents, Pay Assure helps ensure you can continue supporting them.

Assess your monthly expenses and choose a benefit amount that would adequately cover these costs. Remember, you can insure up to 75% of your average monthly salary .

Choose between 60, 90, or 180 days. A longer pre-benefit period typically results in lower premiums but means you'll need to rely on savings for longer if you become unable to work.

Decide whether you want coverage until age 55, 60, or 65. Consider your retirement plans and any other income protection you might have when making this decision.

Pay Assure defines your current occupation as the one you held prior to disability. This is important because benefits are paid if you can't work in that specific occupation , even if you might be able to do other types of work.

Your average monthly salary is determined based on your earnings over the last 12 or 36 months at the time of application, depending on your employment nature and income.

While Pay Assure offers reimbursement for rehabilitation expenses, it's important to understand what types of expenses qualify. Always check with Great Eastern for specifics.

Remember that your premiums are waived after the pre-benefit period if you're receiving benefits . This helps ensure you maintain coverage even when you're not earning.

Pay Assure is a pure protection plan. It doesn't have any savings or investment features, which means there's no cash value if the policy ends or is terminated early.

It's best to check with Great Eastern about options for adjusting your coverage after purchase.

Your coverage is based on your occupation at the time of claim. If you change to a higher-risk occupation, it might affect your coverage or premiums.

Like all insurance policies, Pay Assure will have certain exclusions. It's crucial to review these in detail with your Great Eastern Financial Representative.

While similar, Pay Assure focuses on your ability to work in your specific occupation, which can provide more comprehensive coverage in many situations.

Yes, Pay Assure can complement your existing health insurance by focusing specifically on income protection.