These are the 'Key Features' of the metfriendly Income Protection Plan

Why should I read this document?

The Financial Services Authority is the independent financial services regulator. It requires us, the Metropolitan Police Friendly Society, to give you this important information to help you to decide whether our metfriendly Income Protection plan is right for you. You should read this document carefully so that you understand what you are buying, and then keep it safe for future reference.

We want you to be comfortable that you understand the 'Key Features' of these products before you decide to proceed. If you do not understand something in this document, please feel free to contact us:

Its aims

• To give you a regular monthly benefit if you are unable to work due to incapacity or if you are medically retired (on physical grounds), resulting in a loss of earnings.
• To give you lump sum benefits when your pay is reduced, and when you gain alternative employment during medical retirement.
• To give you a lump sum benefit if you are diagnosed with a defined critical illness (see 'What does the plan cover?').

Your Commitment

• You must give us all medical and other information we ask for when applying for your plan and advise us of any material changes occurring after you complete your application form but before cover starts (see 'How do I apply?').
• You must make all the regular premium payments needed for the length of the plan.
• You must advise us if you no longer qualify for non-smoker rates.
• You must supply documentation to support a claim including authority to seek medical evidence.

Risks

• Certain causes of claim will not be covered (see 'When will my plan NOT pay out?').
• In particular, the plans do not cover medical retirement if this relates to mental or nervous conditions.
• You will not be covered if you stop paying premiums (see 'What if I stop paying premiums?')
• We may alter the premium rate
• Monthly benefit for this plan is not index-linked, therefore the value of any benefit paid during a claim will be adversely affected by inflation over the years.