This text will be replaced with flash
income protection faq main
Income Protection Frequently Asked Questions
People tend to insure the important things in their lives, they insure their property, their car, their holidays and their lives but the one thing people forget to insure is what pays for everything, their income.
Mortgage protection will cover a proportion of your income for a shorter term, i.e. upto 2 years and is used mainly to protect your mortgage payments. Income protection is used as a longer term product, insuring your income upto retirement age.
Read More ...The actual price will vary from company to company but you can input your details and obtain your free quote today by clicking here
Read More ...Companies vary on the maximum cover you can take from 50% to 65% of your gross income. The benefits are paid free of tax so the actual drop from your earned income will not be as drastic as it appears. If you need help in calculating how much cover you need please contact one of our trained advisors to discuss in more detail. Read More ...
Income Protection, also known as Permanent Health Insurance (PHI) provides a tax free income if you are unable to work through illness or disability upto your retirement age.
Read More ...