Short Term Income Replacement (STIR) & Home Guard from DMS
Designed specially for Employed people
If your Client requires cover up to 125% of their monthly expenses, they need Home Guard. If your Client requires cover of more than 125% of their monthly expenses, up to 65% of their gross income and a maximum of £2500, they need Short Term Income Replacement (STIR). Our Quote & Buy system automatically chooses the correct product for your Client.
Tailor the cover to your Clients personal requirements:
Injury & Illness only, Involuntary Redundancy only, or Injury Illness & Involuntary Redundancy.
Monthly Benefit payable for up to 6 or 12 months.
Back to day one cover payable on day 31, Deferred 30 days payable on day 61 or Deferred 60 days payable on day 91 of unemployment or being off work.
Add Hospitalisation Benefit to Injury & Illness cover and add Carer cover and DMS Free Employment Lawyer for You to Involuntary Redundancy, by upgrading from STIR/Home Guard Value to STIR/Home Guard Plus.
Simplified Claims Procedure
Old Fashioned ASU/STIP policies based claims payments on the income and expenses at the time of the claim. However DMS STIR Value and DMS STIR Plus allow clients to pre-validate expenses at the time of application. The applicant provides bank statements from either their personal account, their partner’s/spouses account (or any mix of these) preferably at the time of application, or any time during the life of the policy and then, if a claim is made, no further enquiries are made about income or expenses.
One Policy Rarely Fits all…BUT…
DMS STIR and DMS Home Guard offers Mortgage Payment Protection, Rent Payment Protection, Bill Payment Protection or Income Protection, whichever your employed Client requires.