Income protection insurance aims to protect your income in the event that you cannot work due to illness or injury. Ask yourself these questions: Do you have enough savings to cover your mortgage, bills and food while you are off work? If it happened to you, would you be able to cope on the state statutory sick pay? If you have any doubts to these questions then you need to seriously consider income protection.
The amount of income protection cover you need will be determined by your salary. You will receive tax free monthly payments until you are fully recovered, the amounts will be between 50% - 65% of your gross earnings. Whether you are self employed or employed this type of insurance can be tailored to suit your individual needs.
You may have some employee benefits but what will you do after these payments stop? We will come up with the right Income protection package for you to suit your individual needs.