Family is important; that’s why it’s best to get expert advice to help protect what matters, when it matters!
What is it?
An Income Protection plan is designed to pay out a regular income in the event that you are unable to work due to an accident or illness. This type of plan continues to pay out an income as long as you are unable to return to work, up until the end date of the policy (typically your normal retirement age).
Income Protection is often seen as the foundation of all financial planning, as it is possible that other plans will have to be given up if you do not have sufficient income coming into the household.
Who is it for?
This type of plan is designed for anyone who is working (employed or self-employed). It’s worth pointing out that even if your employer provides sick pay, it is unlikely to last for longer than twelve months, and so ongoing protection is essential. Plans can be adapted to fit with any existing protection that you might have. As advisors we can help you find the best plan to meet your requirements.