Income Protection provides a monthly payment if you cannot work for a period of time.
Most individuals or families spend close to what they earn, we gear our costs to fall in line with your income. Repaying of debt is often a big part of our daily living cost. There are some things that we can cut back on should we loose some or all of our income, but other daily costs living are much harder to put off paying for.
Income protection is commonly used to protect your lifestyle. In most cases a claim will only last for a few months, but in that time, while you are unable to earn, having financial assistance to help meet living expenses is valuable. Relieving the pressure by not having to worry about how you are going to put food on the table will help to speed up your recovery, and with no pressure for you to return to work before you are ready, there is less chance of a relapse.
If you’d like to get more information about Income Protection, then give us a call on 0800 222 511 and we’ll post you out a pack.