Income Protection-an often overlooked insurance option
Income protection insurance can vary and suit a variety of needs and budgets.
Your greatest asset is your ability to earn an income, unfortunately, although the overwhelming majority insure their house, contents, cars and other valuable possessions, few people consider Income Protection. If you had an accident or got an illness, would you have enough money to continue paying the mortgage, put food on the table or continue to live life as you did when you were earning an income.
Income Protection should not be confused with sickness an accident as it cannot be cancelled as long as the premiums are still being paid.
Income Protection pays you an amount of money, usually monthly if you are unable to work due to sickness or injury. Different waiting and benefit periods are recommended depending on each person’s situation.
Every person who earns an income should consider how best to protect themselves. Not only can it provide security it can provide peace of mind.
Self employed people are also putting themselves at risk by not covering the most important thing to them, their income!
Want to know more about what cover best suits you?
Give us a call on 1800 737 926 or simply full out the ‘contact us’ form online.Contact us for a quote