Do I Need Income Protection?
Above all else, our most valuable asset is our Health. When it is good, we can take anything on and when it is not so good, we are remarkably vulnerable. Therefore Income Protection Cover is a necessity.
What is Income Protection Insurance?
Income Protection Insurance helps us protect against loss of income due to injury or illness keeping us out of work for a prolonged period of time by providing a replacement income for a set period.
As this is an income replacement, the monthly cost has full tax relief. Income Protection Cover is fully tax allowable up to a certain generous limit.
Income Protection, or PHI as it is also sometimes known, will continue to pay your benefit for as long as you are unable to work, or until your retirement age. Of course, this is a brief synopsis and we will provide full information when we discuss this insurance cover with you.
Contact us for a Free Initial Discussion about your Income Protection requirements:
- Tel: 01-6601 016
- E: firstname.lastname@example.org