Earlier this month we reminded you of the upcoming tax changes and their impact on income disability premiums and benefits. All of our insurers have now formulated their responses to these changes and below we summarise these for you.

A comparison of the PHI benefit options available can be found here PHI comparisons February 2015. In addition to the new scales this document also shows the limitations and maximums applicable to each insurer’s options.

We will also be sending out emails to brokers listing their schemes that have PHI through us, noting which insurer each is with and providing that insurers communication to be handed on to clients. This should reach you before the end of the week.

Yours sincerely,

The TSA Team

You’ll find all back issues of TSA Connect by visiting our blog and you can do that by clicking here. All information provided in TSA Connect newsletters is intended to inform and explain, but please remember to always check the current terms on policies when considering options and advising clients.