Income Protection is a vital type of cover for many people, especially the self-employed and owner-directors who get no State illness benefits. Even if you are entitled to the State illness benefit, unless your employer will continue to pay you indefinitely, you’ll be facing a financial crisis at a time when you should be focusing on your health.
We have arranged Income Protection for individuals and companies over many years; we know the business and we know how to get you the right cover at the best possible price. Sadly, we have overseen many claims, some of them from young people who never thought they’d need the benefit, but they were certainly very glad they had it. Hopefully, you’ll never need it but what a great comfort it is to know that if you have a health issue, you can concentrate on getting better and not about where the next mortgage payment is coming from.
Top Tip #1
Always ensure you give full and complete details of your occupation when applying for cover. The last thing you want is a claim to be declined because of incomplete information in your application form.
Top Tip #2
If the guaranteed premium is too high, you can opt for a reviewable premium. This will be lower however it is not guaranteed for the full policy term.