What is Income Protection?
Are you worried about what might happen if you become ill or lose your job? Income protection insurance could offer you and your family peace of mind. If you are unable to work due to an accident or illness, income protection will give you a regular income. Income protection plans normally pay out until the end date of the policy which is usually your retirement date.
Who is it for?
Income protection is suitable for anyone that is working, whether they are employed or self-employed.
Income Protection policies will normally pay out subject to terms and conditions if the insured is not in a position to continue work. It will be based on policy terms and conditions, deferment periods and occupation status.