Sovereign makes product changes
The cost of Sovereign’s Premier Option has been reduced to give customers greater value for money.
Customers outside paid employment who claim under occupation class five will receive an increased payment amount to reflect the rising cost of homecare and support.
Sovereign has removed the offset calculation from the bed confinement benefit (payment for customers who are confined to bed during the waiting period, at home or in a hospital, and under full-time care). Sovereign’s claims team will work with customers to ensure they can quickly get the financial support they need to help with additional expenses, such as full-time care.
For mortgage and income protection, cover limits have been increased to reflect consumers’ higher rental, mortgage and living costs.
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