Many people will often find themselves unable to work due to a serious illness or injury, and the thought of what would happen in this situation may concern you. Income protection insurance is designed to give you some cover if you can’t earn an income for those reasons. If something happened to you would you be able to survive on savings, or on sick pay from work? If not, you’ll need some other way to keep paying the bills, and you might want to consider income protection insurance.
The policy itself can be set up for short term cover, or long term, to replace some of your lost income in the event of an absence from work. These are designed to pay out until you return to work, and will allow multiple claims throughout the policy lifetime. Typically, these policies will suit those that are self-employed, or for an employed worker who does not have any benefit of sick pay. However, that is not to say you cannot use a policy to compliment what you already have.
We advise on a broad range of different insurance types including life cover, critical illness, income protection, home insurance and business protection.
This is dependent on your circumstances. Why not get in touch with one of our advisors today who will assess your current situation and draw up a bespoke solution on your behalf.
If you are unsure what insurance deal is best for your circumstances, then one of our experts can advise you on the best available options to ensure that you are protected no matter the occasion.
To apply, all you need to do is visit our contact us page to make an appointment or request a quote.
We offer bespoke services ranging from property sales, conventional mortgage advice through to commercial loans and home insurance.