Salary Protection from FRANK.NET

One cannot be a 100% guaranteed of a stable job in this day and age.

Luckily, FRANK.NET offers Salary Protection to defend you against financial hardship should you be left unable to perform your job due to temporary sickness, injury or retrenchment.

FRANK.NET can help you get back on your feet financially.

With Salary Protection from FRANK.NET, you have everything to gain.

We offer reasonable monthly premiums and up to 75% of your current monthly salary paid out to you in installments depending on your personal details.

Our Salary Protection product is something you cannot afford to ignore. This is especially true if you’re the primary breadwinner in your family.

Secure your family’s future – as well as your own - with a Salary Protection policy from FRANK.NET. Not only will it provide you with peace of mind but it will also ensure the financial well-being of your family by protecting your monthly salary.

Before taking out a SalaryProtection insurance policy from FRANK.NET, take a moment to get to know the product.

Contact FRANK.NET on 0860 722 227 to get a free Salary Protection quote or to find out more about our Salary Protection product.

Most people pay their bills out of their monthly salary.It's surprising then that some people don't have Salary Protection. If you're ever incapable of working for the reasons mentioned above – and provided you're still paying your premiums correctly – FRANK.NET will pay you the amount stipulated in your policy.

There are a number of factors to take into account when applying for a Salary Protection policy from FRANK.NET:

Tax – Just like your standard salary, you'll be taxed on the monthly payments.

Payout – All claims will be considered after you've been with us for 3 months. We'll calculate your monthly payout by looking at your previous earnings, which would be your total, average monthly salary during the year prior to your claim. If your monthly income varies, FRANK.NET will calculate the average over the 36 months before the claim date.

Retrenchment – FRANK.NET will pay you if you lose your job as a result of your employer facing financial difficulty, introducing new technology or re-structuring the organisation. As long as our agreement with you has been active for at least three months, you're not self-employed, employed by any of your family members or were aware that you'll be retrenched before taking the cover, FRANK.NET will pay out for a maximum of six months. Voluntary retrenchment is not covered.

Notification – Once you have Salary Protection from FRANK.NET, alert us to any changes regarding the physical obligations of your occupation, if you start or stop smoking and joining or quitting risky sports or hobbies. We may have to amend your selected payout and premiums. If you don't let us know, any future claim may be affected.

Self-inflicted harm – We want to ensure that when you claim, we pay. Please don't injure yourself or make yourself ill on purpose, and strive to obtain and follow qualified medical advice when required. FRANK.NET will also not be able to pay the claim if you are involved in any forms of war, rioting or terrorism.

HIV – FRANK.NET will need the results of a recent HIV (Human Immunodeficiency Virus) test, sent to us within three months of the start of the agreement.

Contact FRANK.NET on 0860 722 227 to get your free Salary Protection quote or to find out more about our Salary Protection product.

Salary Protection from FRANK.NET safeguards you against unemployment due to illness, injury or retrenchment. If your premiums are up-to-date when you lodge a claim, FRANK.NET will assess your request and make payouts accordingly. 

Because your salary helps you to afford your possessions, Salary Protection helps you to avoid losing your assets or becoming a burden on family members while you look for a new job.

If you're retrenched or rendered temporarily unable to work due to illness or injury, the transition from your old job to a new one is smoothed out by monthly payouts. 

For retrenchment, FRANK will pay out for up to 6 months and for temporary illness or injury, will pay out until you are able to return to work. 

However, if you lose your job because illness or injury has left you completely and permanently unable to work in the job for which you are trained, educated or experienced, you'll receive payouts up to the age of 65. 

These payouts will be calculated as a percentage of your previous salary and allow you to rest easy in the knowledge that you're financially covered for this stressful time in your life.