BMW Income Protection

Cover that protects your financial security even if you lose your income.*

Being in a position to meet financial commitments has never been more important. But what if your income suddenly stopped following redundancy, an accident or being diagnosed with a critical illness? Could you still manage financially?

BMW Income Protection offers a simple solution to this question. With our cover, you enjoy flexible support that could help you protect your financial security should the unexpected occur.

Benefits of BMW Income Protection

• BMW Income Protection gives you control over the type of cover you require, meaning you can tailor it to your individual needs.
• You can select Accident and Sickness, and Unemployment cover to provide up to 12 monthly payments of the benefit you select.
• You can also include Critical Illness cover to provide a lump sum benefit to the level of cover you choose.
• Each type of cover is available individually or in combination with others.
• You can take out Accident and Sickness and Unemployment cover in £100 monthly increments, from £100 to £2,500. Total benefit cannot exceed £2,500 or 60% of your monthly gross income, whichever is the lower.
• Critical Illness cover can be purchased in £5,000 increments, from a minimum of £15,000 up to a maximum of £100,000, meaning you can tailor the cover to your needs.
• The cover you choose will be personal to you, rather than your BMW, and can stay in place even if you are no longer a BMW owner.
• If you choose monthly cover you can change the cover or the amount of benefit with 30 days notice**. If you choose annual cover you can only change the cover or the amount of benefit every 12 months**.
• You can pay for your policy monthly or annually, whichever you prefer.

* Benefit is calculated on a daily basis and paid in arrears at 30 day intervals for up to 12 payments.
** Conditions will apply to any increase in benefit or changes in cover. For further information please call BMW Protect Services on 0845 641 9732.

To find out more about BMW Income Protection and to get a quote, please contact your local BMW dealership or call BMW Protect Services on 0845 641 9732.

BMW Protect Services lines are open Monday to Friday 9am-6pm.