If an illness or injury stops you from working, how long will your employer continue to pay your wages? Income protection is probably the most important of all financial protection products available, as it is a way of making sure you and your family have a financial cushion should you need it, by providing you with an ongoing income should you fall ill or become injured. It gives you an alternative income while you are unable to work.
You can cover up to 75% of your earnings, less the State Illness Benefit.
You can choose when your payments start after a deferred period of between 1 and 12 months.
You can choose when your protection ends, between the ages of 55 and 70
At Phelan Caswell Insurances, we tailor make a plan to suit your individual requirements and make it easy to engage with and understand the process.