Income Protection replaces part of your income (tax free) if you are unable to work for a long period of time because of illness or disability, and will continue to pay out until you can return to some kind of paid work or reach retirement, whichever is sooner.
Income Protection Advice
Alongside life insurance, income protection is a must-have insurance for most working adults, but only few of us currently have. It has a waiting period before it will start to pay out. The longer you agree you’ll wait, the lower your premiums will be, so it is important you find out what income you can get from your employer, and other insurance in the event of illness or disability.
Planning ahead makes sense
This cover might not be available to you if you have existing health problems or a dangerous job. Because not everything in life is straightforward and things don’t always go to plan. We can help you prepare for the unexpected and put in place some financial safety nets in case anything happens to impact your family or disrupt your plans. For peace of mind get in touch today.