Income Protection Insurance
For most of us, our income is our most important asset. It pays for everything we have and usually dictates our standard of living. Take a moment to consider the following:
- If you are self employed, what are the financial consequences if you were unable to work for a period and you loose your income?
- If you are an employee, how long do you think your employer will continue to pay your salary if you are out of work?
- Again if you are self employed or a company director, are you aware that you are not entitled to State benefits if you were unable to earn a living as a result of illness or accident?
Income protection insurance is designed to replace your salary in the event of you being unable to work. As well as protecting up to 75% of your salary, you can reduce the cost by claiming tax relief on premium payments.
Remember – your income pays for everything and it is your most important asset.
Don’t take it for granted!