Fidante Benefits Package

Who provides the Group Income Protection Plan?

The Plan is currently insured with Zurich.

What is this Plan?

• The objective is to provide staff members with an income in the event of long-term absence from work due to illness or injury. • The level of Income Protection benefit will be 75% of your basic salary (excluding any bonuses, allowances or any other remuneration). • Should you need to claim, the income will be paid in the same way as your salary and will be subject to Income Tax and National Insurance. • The benefit will be payable after 26 weeks of continuous absence from work due to illness or injury. • Eligible claims will be paid until you return to work (or up to the expiry date of your State Pension Age). Claims stop immediately in the event of death.

Is there any cost to me?

• Fidante meet the full cost of the Plan. • This is not currently treated as a benefit in kind for tax purposes

Will this plan affect my private Income Protection plan (if I already have one)?

• Possibly. If you have private Income Protection (also known as Permanent Health Insurance or PHI) in place, there will be an overall maximum level of cover with your private insurer. • The potential income from the Fidante group scheme will count towards the maximum benefit level. Therefore, you may need to reduce or suspend any existing private protection. Please refer to your existing private insurer for guidance.

Can my spouse/permanent partner be covered too?

No – only employees can be members of this plan.

What happens if I leave service?

This cover will end on the day that you leave service with no continuation options.

14