Income Protection Insurance

Protects you against loss of income if you’re unable to work because of an accident or sickness during the term of the plan. Income Protection Insurance is a policy that helps you cope financially if you can’t work due to illness or accidental injury.

21st February 2012

There are low cost options available which will only pay benefits for 5 years and then end

Income Protection Insurance plans can be:

Regular payments while your are unable to work

Insure up to 60% of your income

For UK residents aged 17 to 59

The policy can be arranged with flexible deferred periods to suit the time your employer will pay you if you are unable to work; for 4, 8,13, 26 and 52 weeks.  The longer you choose to defer the cheaper the premiums

Payments will be tax free under current tax rules, although this might change in the future

It’s simple, straightforward and easy to arrange…

*Income protection  £400 month benefit  cost £2.18 month  (Source  Cardiff Pinnacle  21 yr old  class  1 Occupation)*