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What’s a Payout?

A payout is the amount of cover you have for a specific product/benefit.

The payout can either be an income, meaning that the benefit will pay out that amount as an income for a valid claim or a lump-sum payment, meaning that you or your beneficiary will get the payout amount in a single payment for a valid claim.

Indie Preserve and Indie Assist provide the income-style payouts, whereas Indie Shield, Indie Finale, Indie Restart, Indie Overcome provide a lump-sum payment and then the benefit stops.

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