Income Protection
Income Protection
If you are unable to work due to an accident or sickness, Income Protection Insurance is an insurance policy designed to pay out a regular income.
The pay-out can make sure you are still able to meet your monthly household costs. Such as, your mortgage/rent, a loan and to put food on the table, until you are able to return to work.
How Does It Work?
How Does It Work?
If you cannot afford to be off work ,an Income Protection Policy gives you the peace of mind that your income is protected. Premiums will also depend on your age, health, occupation and how much cover you need.
Why take out Income Protection?
Why take out Income Protection?
βTo provide financial protection for you & your dependents in the event you are unable to work.
β Keep up repayments of your mortgage or loan repayments.
β Keep food on the table.
β To continue to cover monthly outgoings until you get back on your feet.