Income Insurance Protection

Income insurance protection is intended to provide policy holders with financial compensation in the event of an unexpected loss of income. Since a long term source of income may not always be guaranteed for many people, this form of insurance can be used to provide important financial cover in the event of potentially difficult circumstances. Protection can be obtained either on a short or long term basis.

 

Short Term Income Insurance Protection

Provides short term insurance e.g. 12 months providing financial protection if you are unable to work due to illness or injury or redundancy. The cover is designed to give you financial breathing space while you hopefully recover or find a new job. We can offer you a quick and easy way to get a competitive income protection quotes, just put your details into the quote form below.

 

Long Term Income Protection

Unlike a short term policy, income insurance protection taken out on a long term basis may provide policy holders with far more compensation, although premiums will often be far more expensive. This type of cover provides protection if you are unable to work due to illness or injury but not unemployment.

Unlike a short term policy, income insurance protection taken out on a long term basis may provide policy holders with far more compensation, although premiums will often be far more expensive. This type of cover provides protection if you are unable to work due to illness or injury but not unemployment.

Use our income insurance protection service to get quotes and advice if required:

Case Example

When Luke Jennings, a 30 year old accountant and father of two was diagnosed with serious depression, his income insurance protection was able to cover the cost supporting his family while he got back on his feet. When Luke Jennings, a 30 year old accountant and father of two was diagnosed with serious depression, his income insurance protection was able to cover the cost supporting his family while he got back on his feet.

Without the financial support granted by his insurance, Luke would not have been able to cover the cost of his medical treatment and the support of his family. When discussing his ongoing battle with his illness, Luke stated that he considered his income insurance protection a ‘godsend’ that helped keep his family afloat.

‘The money I’ve received has helped me tremendously during the course of my illness, it meant I could just concentrate on getting better, rather worrying about supporting my family while I was ill.’