Aviva today announced that it has significantly increased its Group Income Protection Maximum Income Benefit Limit and Employer Pension Fund Contributions (PFC) meaning that it now offers the most generous maximum benefit formula in the market.
The Maximum Income Benefit Limit has been increased from £300,000 to £350,000 and Employer PFCs, which are available in addition to the £350,000 Income Benefit Limit, have increased from £50,000, to £75,000 with immediate effect.
Cover is also available for Employee Pension Contributions and Employer National Insurance Contributions.
Andrew Stephenson, group risk national sales manager, Aviva UK Health, said: “Aviva is totally committed to being a leading force in the group risk market. Increasing our Maximum Benefit Limit and Employer Pension Fund Contribution to £350,000 and £75,000 respectively, puts us at the forefront of the market, and is another prime example of how we continually enhance our terms to meet our customers’ changing needs.”
