Holloway Friendly extends My Sick Pay cover to oil rig workers

Today, Holloway Friendly announced that it has extended My Sick Pay to oil rig workers after hearing “frustrations” from advisers attempting to secure cover for customers in this profession.

Related topics:  Holloway Friendly,  IP
Rozi Jones | Editor, Financial Reporter
9th August 2024
oil rig workers stand on a yellow metal platform, passing a bag over to other workers

Announced via LinkedIn, Holloway Friendly said My Sick Pay – Income Protection (IP) which includes guaranteed pricing and choice of age-based prices which rise each year or level pricing – can now be sold to those working on oil rigs.

The decision was made after hearing about advisers’ “frustrations” trying to get cover for customers who work on oil rigs; advisers asked the Society to take a fresh look at the challenges and risks that make them hard to insure.

Holloway Friendly praised its underwriting team for facilitating continuous improvements, highlighting that it wasn’t long ago that the Society extended cover to customers with human immunodeficiency virus (HIV).

READ MORE: Holloway Friendly extends My Sick Pay to customers with HIV

Notably, this announcement follows a significant improvement to the My Sick Pay proposition with the addition of unlimited GP consultations and a free second opinion service. Provided by HealthHero, customers have access to 24/7 GP via video or phone call. These GPs have experience working with the NHS and will be able to provide prescriptions, referrals, and fit notes. The second opinion service is provided by Healix, offered when customers have been treated by a consultant who has completed their investigations and is unable to explain their condition.

At the time, Martin Sincup, Head of Marketing & Proposition at Holloway Friendly, said “We know that diagnosis and treatment of more serious conditions can be stressful or sometimes confusing,” so a second medical opinion can be valuable to either reassure someone or encourage them to look at alternative courses of treatment.

More like this
Latest from Financial Reporter
Latest from Property Reporter
CLOSE
Subscribe
to our newsletter

Join a community of over 8,000 intermediaries and keep up-to-date with industry news and upcoming events via our newsletter.