Continuing your cover when you leave

 

If you have resigned from your job, which provided you with insurance from Sovereign as an employment benefit, there’s every chance you’ll want to take your insurance cover with you.

​What is a continuation option?

Until now, your employer has provided you with valuable insurance cover through a Sovereign workplace plan, either at no cost to you, or at a reduced premium. Usually, workplace plans are put together so that you’ll have the option to continue this cover when you leave your current employment.

Three simple steps to ensure continued cover:

  1. Once you have left your current job, contact your Adviser to check whether you are eligible for a continuation option and get a free no-obligation quote. If you need more cover than that provided by your continuation option, no problem − we have made it easy with a simple application to take out additional top-up cover. Simply talk to your Adviser. To find out who your Adviser is contact Sovereign on 0800 768 400.
  2. Complete the continuation option application form.
  3. Your Adviser will send the application form to Sovereign and, if your application is accepted, we’ll send you your new policy documents. There's no time to waste as you have a limited time (usually only 60 days) to act on your continuation option. We recommend that you talk to your Adviser, or contact Sovereign, as soon as you can. 


Disclaimer: The availability of any insurance cover is subject to your application being approved. For full details, refer to the policy document which is available on request from Sovereign. Applications are subject to individual consideration. Special conditions, premiums, maximums and exclusions may apply. The information contained on this website is general in nature and is not intended as advice. Before making any investment, insurance or financial planning decision you should consult a professional adviser. Copies of our disclosure statements are available on request, free of charge.​​

Rate our page - did you find this content helpful?YesNo

The information contained on this website is general in nature and is not intended as advice. It may not be relevant to individual circumstances and before making any investment, insurance or financial planning decision; you should consult a professional adviser. Copies of our disclosure statements are available on request, free of charge.​