INCOME PROTECTION
Monthly income for everyday costs
Income protection works very much like sick pay would from an employer. It provides a monthly benefit in the even of you being off work long term to help you meet your financial obligations like mortgage/rent, utilities, food, clothing etc.
It can be set up to begin paying out after as short as 4 weeks off work, or as long as 12 months. It can be set up to pay out for a short period of time (2 years for example) or for as long as it is needed. Your budget will likely go some way to determining this.
There is definite overlap between income protection and critical illness, and as such, advice from an experienced broker is key. Contact us today and we can help.
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If you’d like to chat to us, please feel free to send your contact details and we’ll come back to you. Or just call us on 03301 331143