Income Protection

This type of insurance offers financial protection in the event of your inability to work, as a consequence of accident or serious illness.

This is equally relevant for the employed and self employed as no employer will pay your salary indefinitely, if it becomes clear there is little or no likelihood of a return to work.

Over a lengthy period of time, often to retirement age (depending on the term of the policy), you will receive a monthly payment which if set at the right level should ensure a replacement income until the end of the policy term or your return to work. There is a serious misconception that the state will ultimately look after you and your family in such difficult times. The only way of maintaining a similar standard of living is by insuring your income.

We can also arrange shorter term insurance cover, to protect against Accident, Sickness and Unemployment (ASU). This is typically limited to a period of 12 months.