Income Protection Cover
Income Protection Insurance is designed to provide you with an income if you are unable to work due to sickness or injury. Income protection pay-outs are limited so that you cannot be financially better off on the plan than you would have been at work.
However qualifying for State Benefit is not an option for many of us and even if it is applicable, surviving on this payment is tight. The current allowance for someone aged over 25 is a maximum of £109.30 a week.
Income Protection Cover can make it more comfortable to meet financial commitments long-term.
Your adviser will discuss with you how Income Protection can ensure that events out of your control won’t affect your family’s future.