What is Income Protection?
Income Protection is a form of insurance that will pay a regular, tax-free monthly income if you cannot work due to illness or injury. Depending on the policy, this type of cover can replace between 50% and 75% of your gross earnings.
Who should consider Income Protection?
It’s really important to consider all forms of mortgage protection if you have children or loved ones who depend on you financially.
Anyone who relies on their income to cover their mortgage and living expenses could benefit from having Income Protection in place. In particular, self-employed individuals, primary or sole household earners, those with financial dependents, anyone with limited savings and employees without sufficient employer sick pay.
How could Income Protection help me?
Income Protection provides a financial safety net that allows you to focus on recovery without the added stress of lost income and mounting bills.
Want to find out more?
A short chat with one of our Protection Advisers can clarify how your mortgage payments could be covered should the unthinkable happen. This conversation is free with no obligation to proceed; we can talk through your options and empower you with clarity and confidence.
Having the right cover in place offers real peace of mind.
As with all insurance policies, conditions and exclusions will apply.
Arrange your protection review today:
When was the last time you thought about how you or your family would pay your mortgage repayments if something happened to you,
your income, or your lifestyle changed dramatically?
Products such as Life Insurance, Income Protection and Critical Illness Cover can provide peace of mind that your
mortgage payments are covered should your circumstances drastically change.
As your Mortgage Adviser, it’s our job to ask the uncomfortable questions to ensure you’re prepared for all of life’s “what ifs”.
A policy that pays off your mortgage in a one-off, tax-free lump sum if you or your partner pass away during the term.
A policy that pays off your mortgage with a one-off, tax-free lump sum if you are diagnosed with a critical illness during the term.
A policy that replaces up to 75% of your gross earnings in the form of regular, tax-free payments if illness or injury prevents you from working.
A short chat with one of our Protection Advisers can clarify how your mortgage payments could be covered should the unthinkable happen.
This conversation is free with no obligation to proceed; we will go over your options and empower you with clarity and confidence.
Having the right cover in place offers real peace of mind.
As with all insurance policies, conditions and exclusions will apply.
Arrange your protection review today:
