Income Protection Insurance

Yes! They have an industry pay out rate of over 97% and are the most comprehensive form of personal protection you can get other than life cover itself. They are the most underutilised form of protection available bar none! This is despite the fact that most people qualify for a 40% Tax Relief discount on their premiums! Did you know that your employer is not under any obligation to pay you while out sick? And many don’t! Did you know that the self employed are not entitled to any social welfare payment while out sick.

Income Protection can be complicated, but in line with our ethos in all areas, we try and make it as easy as possible for you to understand and make sure you are getting the most suitable policy for you at the best price available.

Once you have been certified unable to work (this could be due to an accident, an illness, a back injury, or stress, the reason does not matter in most cases) the policy starts paying you a regular income until you either return to work or reach your chosen retirement age!

A fixed sum of money is transferred to your bank account till the end of your current claim (you can make multiple claims on this policy).

In 97% of cases income protection will pay out. The 3% of claims (on average) that are declined each year only happen where a claimant has not disclosed something at the start of their cover that they should have eg. They are a smoker, a high wire performer or had heart surgery the year before taking out the policy!