Income Protection Plans
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Never take a step back
during financial setbacks
Secure Your Income
Suddenly losing your income can bring with it added burdens:
- You might have to lose your regular lifestyle
- Your bills, rent and mortgages are going to be a bigger challenge
- Your job search and other endeavours can be affected adversely
Make sure your future is financially secure with our income protection schemes
Secure Your Lifestyle, Secure Your Life
If you are unable to work due to sickness, injury, or disability and do not have a second job, most income protection plans will give you a benefit. If you are able to continue working at a secondary job despite your illness, accident, or disability, you will be unable to make a claim on your primary employer’s income protection insurance. Income protection schemes have tax-deductible plans available.
When you choose an income protection policy, you may specify what percentage of your income you wish to be covered for. There is typically a limit to how much you may insure. The maximum amount you can claim is specified in the insurance terms and conditions. This is normally 66 to 75 per cent of your current income. If you are covered under a group plan, you will get the percentage of your earnings mentioned in the group insurance.
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Benefits to Safeguarding your Income
Protect your income and ensure that you continue earning when you need it the most. Our income protection schemes can help you get up to 75% of your income. This way, ensure that your bills, mortgages, and other financial commitments do not cause you too much strain in the times that you can’t generate a steady income. By Insuring your income:
- You’ll be able to pay your rent or mortgage on time
- You’ll be able to cover your bills, rent and other expenses
- You don’t need to depend on your family and friends for financial support
What Can We Do For You
Choosing the right way to protect you and your family can be complicated. It is important to compare different insurers to find the best price and to ensure you are getting the correct benefits to cover your needs and circumstances. Terms and conditions can also vary greatly. We will be able to explain the options available to you in simple language so you can make an informed decision. We provide advice on the level of cover you need based on your personal and financial circumstances. We will look at all options available to you from a range of Life Insurance companies and help you to set up your income protection cover.
If you have any questions or would like to discuss your options with one of our specialists, please get in touch with us on 01 5543678 or complete our online enquiry form.