Income Protection

Protecting your greatest asset

Don't be left out in the cold

How would you keep a roof over your head if you couldn't work because of illness or injury?

When you arrange a mortgage to buy your home, you naturally expect that you will have a regular income throughout the period of the loan, so you'll be able to make all the repayments. But what happens if you have an accident or illness which prevents you from working?

Who will pay the mortgage?

You may think that none of these things will ever happen to you - we all do. Most people insure their most valuable assets, such as, the house, the car, the mobile phone even pets.

Most people do not have sufficient savings to cover more than a few months of normal expenditure - an income protection policy might help bridge this gap.

Your greatest asset is your ability to go to work and bring in a steady income. 

So, for a monthly premium, paid by Direct Debit, you can secure your home and your family's future.

This is entirely optional and maybe cancelled at any time if no longer required.

Income protection gives a monthly income to help with your bills if you can't work due to illness or injury. So it could stop you having to dip into your hard-earned savings. Policies are usually able to replace 50-60% of earned income for as long as the term of the policy (usually state retirement age). 

Personal Sick-Pay plans, are a great way to keep costs to a minimum and ideal for self-employed workers who have no safety net of employer benefits. They are designed to pay out after as little as a week off work and last for up to 24 months (in a single claim).