Income Protection
You may want to consider insurance to protect your family when you no longer can. You should think about how long you could rely on your savings, to cover your monthly mortgages payments, if you lost your job or your income reduced following a sickness or accident. Could you really maintain your standard of living on state benefits alone?
Income Protection
Income protection is designed to provide you with a regular, tax-free monthly income, to cover your essential outgoings, if you are unable to work due to illness or accident. The monthly tax-free benefit replaces a proportion of your earnings and will cover your mortgage and loan payments as well as your household bills and everyday living expenses.
As long as you keep paying the monthly premium, and comply with any relevant policy conditions, your insurer cannot cancel your policy or increase the premiums no matter how many claims you make. The insurer will continue to pay you a monthly benefit until you are able to return to work or until the end of the term of the policy.
Accident, Sickness, and Unemployment (ASU)
Think about the future and protect your home and lifestyle by insuring your income today. ASU provides short-term income protection to cover your monthly mortgage payments in the event you are unable to work due to accident, sickness or unemployment.
A monthly benefit will be paid to you for a limited period, giving you time to get back on your feet. Your insurer is not obliged to offer renewal of your policy after a claim has been made.
Talk to our protection specialist today and we will help you find an affordable solution to support your family when you no longer can. Call 07753 112051 or contact us.
*The cost of this insurance depends on several factors, such as your age, where you live and your occupation. As a result, the cost you will pay is based on your own circumstances.