Could You Survive Without Your Income?

Could you continue to cover your basic day-to-day living costs, household bills, rent or mortgage repayments if you unexpectedly suffered an illness or had an accident that stopped you from working?

How about if you were out of work for months on end? If the answer to this is no, then you can’t afford to not consider income protection (IP). It’s important to recognise that nobody is free from the risk of illness and accidents.  Most people have not given much, if any, thought to how they would handle their income suddenly stopping due to accident or illness, and the long-term effects this could have on their finances; when interviewed by Which?*, only 9% of people said they have some form of IP.

This is where Income Protection comes in. Income protection is a long-term insurance policy to help support you if you can’t work.

• It replaces part of your income if you can’t work because you become ill or disabled.
• It pays out until you can start working again, or until you retire, die or at the end of the policy term (whichever is sooner).
• There’s a waiting period before the payments start. Most people choose to set their payments to start after their sick pay ends.
• It covers most illnesses that leave you unable to work, either in the short or long term (depending on the type of policy and its definition of incapacity).
• You can claim as many times as you need to, while the policy lasts.

Find out how much your income protection cover could cost by applying for a free, no-obligation quote below…

Here’s How You Do It:

Step 1: Click your gender below.

Step 2: Once you go through a few questions, you will have the opportunity to compare quotes and get covered from today!

*https://www.which.co.uk/money/insurance/income-protection-and-ppi/guides/income-protection/income-protection-explained