AXA Elevate Income Insurance
The Elevate Income Insurance offered by AXA can provide policy holders with a replacement income stream if they are unable to work because of injury or serious illness.
AXA’s Elevate Income Insurance can offer an insured up to 75% of their income replacement if they should suffer a serious illness or injury and are unable to work for a period of time.
There are several income insurance plans available through AXA including:
- Income Insurance Premier Plan
- Income Insurance Plus Plan
- Income Insurance Plan
- Income Insurance Senior Plan
- Business Expenses Insurance Plan
In most cases, a potential policy holder may apply for AXA’s Elevate Income Insurance as early as age 18 and as late as age 60. The maximum monthly income benefit is $60,000. In addition, this cover allows the insured to choose from a number of different waiting periods as well as benefit durations.
Some of the included benefits on the AXA Elevate Income Insurance policy are nursing care, special care, rehabilitation programme, an unemployment premium waiver, and upgrade of benefits (within certain limits).
Optional benefits may also be chosen. These may include an accelerated accident benefit as well as increasing claim and cover boost.