Income Protection Plans

Designed to protect your income if you are unable to work due to illness or injury

Your income is your most valuable asset. How would you manage without it?

Income protection cover is available for anyone in employment or who is self-employed

Life is unpredictable, and safeguarding your income is essential.

Losing Your Income Can 

Ensure your financial future with Income protection insurance

Protect your Lifestyle by protecting your Income with an Income Protection Plan

Avoid Financial Struggles

If you can’t work due to a medium or long-term illness or injury, an income protection policy can replace up to 75% of your regular income (including any State benefits), so you can continue to pay your bills and live your life

Control and Customise

With an income protection policy, you can specify the coverage percentage, typically between 66% and 75% of your income. Your contributions are deductible for income tax and it pays out after a deferred period which ranges from 8 to 52 weeks. Ensure your plan meets your needs and protects your financial future.  

How Can We Help?

Get all your Income Protection queries answered by our experts 

We will be able to explain all of the options available to you in simple terms so you can make an informed decision. 

Have questions?

We have answers

Want to know more? You can email us anytime at info@newalliance.ie 

Income protection insurance provides you with a regular income if you cannot work due to illness, injury, or disability. It typically covers a portion of your salary, usually up to 75%, until you can return to work or reach retirement age​.

The cost of income protection insurance varies based on factors such as age, occupation, health, and the level of cover chosen. Policies with shorter deferred periods  generally cost more​.

Payments typically start after a deferred period, which can range from 4 to 52 weeks depending on the policy. Choosing a deferred period that aligns with your employer’s sick pay can help optimise your coverage​.

Yes, income protection is available for self-employed individuals. It ensures a steady income if you are unable to work due to health reasons, providing financial security even without employer benefits​

Yes, in many cases, premiums for income protection insurance are tax-deductible. This can make the policies more affordable by reducing the overall cost through tax savings​.

Income Protection Consultations

Get Started Now

 
01
Book A Consultation

Speak with our Insurance Specialists to find out all you need to know about Income Protection and if it’s the right policy for you

02
Plan With Us

We will gather information from you so we can research the market to find you the best fit for your circumstances 

03
Pick your policy

We will present you with and explain all of your options so you can make an informed decision 

Don’t Just Take Our Word for It

Your Success Is Our Reputation
Take the First Step to Financial Planning Advice with Security

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