Archive for the ‘Income Protection’ Category

Give yourself peace of mind with income protection.

Tuesday, March 13th, 2012

Ever wondered how you and your family would get by if you were to lose your job due to an accident or illness? Unfortunately there’s still so many people who haven’t taken out income protection cover, this could lead to not only themselves but also their families struggling if they were to lose their job due to an accident or illness.

When taking out an income protection policy you will be able to sit back and relax knowing that if you were to be out of work due to an accident or illness you would be protected. Income protection policies are there to protect your income therefore if you are out of work and choose to claim on your policy you will be able to receive a replacement income. The income in which you would receive is usually around 65% of your income before you were out of work and is paid to you in tax free weekly or monthly payments.

If you are interested in income protection and wish to learn more, contact an income protection insurance specialist who will be more than happy to answer any questions you may have and find you the perfect policy for you. Even if you are unsure whether income protection is for you, talking with a financial advisor or insurance company will be a smart move as all advice given is free and there is absolutely no obligation to purchase any of the insurance policies that they find for you.

Happy New Year!

Monday, January 2nd, 2012

As many return to work and are back in the office after having a lovely holiday for Christmas and New year, it is hoped that you have all enjoyed your Christmas and New Year as much as each other.
When you were making your new year’s resolutions did you think about protecting your income? The sound advice is that you should make protecting your income one of your resolutions of 2012, every year more and more people are ending up out of work and so you should give yourself all the protection possible so that you do not end up in an extremely difficult place if you were to lose your income.
Income protection can help you as you will receive on average 65% of your income before you were out of work, this would be paid out to you in either weekly or monthly tax free payments. By having income protection insurance not only are you protecting yourself but you are also protecting your family. When you receive payouts from your insurance policy you can choose to spend them however you wish too, however the idea of the insurance policy is so that you can continue to maintain your financial commitments which would normally come out of your income.

Avoid ending up in financial difficulty with income protection.

Tuesday, December 27th, 2011

If you do not wish to be faced with the devastating loss of income if you were to be out of work due to an accident or illness then you should give yourself the protection you require with an income protection insurance policy. Not a single one of us would choose to be out of work, especially when there is a high rate of unemployment within the UK making it very difficult to find a job because not only are this there less of them around but there is also a lot more people applying for each individual job.
If you are out of work due to an accident or illness you want to be able to focus on your recovery rather than worrying about how you are going to afford to meet your financial commitments because you have had such a loss in household income. By taking out income protection insurance your loss in household income will not be as significant once you start receiving your payouts. The insurance payouts from an income protection policy are on average 65% of your income, they are also tax free allowing you to receive the full amount of your payout. The insurance payouts are paid to you in monthly or weekly payments, very much so like a wage.

Ensure you don’t end up in debt with income protection.

Tuesday, November 22nd, 2011

Income protection insurance is a very beneficial policy to take out because it offers you very beneficial protection against your income. Most individuals will put their hands up and say that without a normal income they would struggle, after all many have a large amount of financial commitments and so rely on a suitable income to pay them. What we do not think about is what would happen if we were to fall ill or be in an accident and therefore be out of work, our income would disappear in an instant and we would struggle to meet our financial commitments.

You will find that with an income protection policy you can keep your mind at rest as you will know that if anything was to happen which would result in you being out of work you could claim on your income protection policy allowing you to maintain your financial outgoings and lifestyle. When you receive your payout confirmation, the policy chosen by the individual usually gives complete freedom as to what a person spends their money on and so claimants can choose to use it for their  financial commitments or perhaps they may need it to help towards medical expenses if out of work due to an accident or illness.

Don’t struggle when you’re out of work.

Tuesday, November 15th, 2011

Do you know someone who has lost their job due to an accident or illness? Did you see them struggle with their finances? If they had taken out an income protection policy they may not have struggled, this is because an income protection policy will allow you to receive a payout of on average 65% of your earnings before you were out of work. You would receive your payout in weekly or monthly tax free payouts, allowing you to organise your finances. Do not make the same mistake as someone else and protect yourself today!

Income protection providers have advisors on hand to answer any questions you may have about income
protection insurance; they will be able to help you see the benefits that it can offer. By trusting these experts you can find a quote which will not put you out of pocket, while you are trying to protect what you have in your pocket. They offer a wide variety of different income protection policies which are readily available for you to purchase with advisers there to help you understand your policy and what it covers. Many can often tailor a policy to suit your individual needs.

Get an income protection quote online, today!

Tuesday, November 8th, 2011

Find yourself the income protection quote you require by making use of any of the online quote generators that can be found across the internet. There are many online quote generators available because they allow you to search for quotes outside of office opening hours, which is ideal for most working people. By getting quotes online you can easily search for the cheapest quote or deal saving yourself money which is important for most people.

Most individual insurance providers will offer a quotes generator on their website, which will give you quotes for the policies that they offer, however some online quote generators are different because those generators search for quotes from a wide variety of different leading insurance providers. This means that you only have to enter the required information to receive a quote once and you will find yourself with quotes from the insurance providers that you recognise saving you time as you will not need to use each individual quotes generator.

If you find a quote through an online quotes generator that you are interested in you can always speak with advisors who will talk you through the quote and help make sure that it is the best policy that they can offer you, if they find a policy which may suit you better then they will give you the option to choose between the policies.

Discover how income protection can help you.

Thursday, November 3rd, 2011

Discover how income protection insurance can help you when you contact an income protection insurance specialist. It’s a true statement that things instantly become difficult when an income is placed in jeopardy and more than likely you will begin to panic because how can you afford to run your home without an income? If you were to take out one of the many income protection policies in advance you would not find the need to panic. This is because you would be aware that you can afford to maintain your home as you would still be receiving an income, however at a lower rate than what you are used to, but this does not matter if it means you can afford to run your home by only making some minor adjustments.

You can find out everything you need to know about income protection insurance by calling an independent financial advisor or income protection insurance specialist and talking to them today. Advisers will be able to answer any questions you may have as well as providing you with all the information you require about the different income protection policies which are available to you. Trying to find all of the information you require, by searching on the internet can be difficult which is why many insurers offer a no obligation service where you can speak to an advisor and enquire about different policies without feeling pressured into taking out a policy with them.

Get an income protection quote day or night!

Tuesday, October 25th, 2011

If you want to find yourself income protection cover and want to find more than one quote at once then make use of any one of the online quotes generators which are free to use and are available 24/7. Insurance experts know that most people today do not have time to call for quotes during normal operating hours when the lines are open. Often this is because they are at work through the day and then during the evening they have their family to look after, but they still want the same choice in quotes from leading insurance companies. If you choose to use an online quotes generator you will only be need to fill out the required information once and that comparison generator will then trawl through all the quotes available to present you with the ones which are most beneficial to you and it will also order them normally with the cheapest quote first. This allows you to look through the quotes and ensure that it offers you what you want from a policy and that it is also at an affordable price. These online quotes generators allow you to sit down and search for a quote at a time which is convenient for you. Most often if you have a family, that time will be once your children have gone to bed and all your day to day jobs in the home have been completed. This means that even if it is late at night before you have time to search for a quote, those generators will always be available to you.

A regular income protection payout can help you!

Tuesday, October 18th, 2011

Income protection insurance can be very beneficial to you because without an income most people will struggle to meet their financial commitments when they lose their job due to an accident or illness unless they are royalty! Without an income you are very easily at risk of losing your home which can be truly heartbreaking for a family as no one wants to lose their home, especially if they have not chosen to change their lifestyles in any way. Income protection insurance will allow you to receive a weekly or monthly tax free payout which you can use to pay your financial commitments such as your mortgage or rent and bills.
There are numerous different ways in which income protection insurance can help you. This is because the payout is yours and so if you wish to spend it on something other than your financial commitments you can. You may find that you require the money to pay for treatment if you are out of work due to an illness or you may even need adjustments to your home, or someone to help you with cleaning your home. An accident or illness will continue to affect you even once you have been made redundant, it will not miraculously go away.

Learn about the income protection definitions.

Thursday, October 6th, 2011

When you take out income protection insurance there are different definitions which dictate when you can receive a payout form your insurance policy, it is not just simply being out of work which means you can receive a payout.

The three definitions for income protection insurance are:

Own Job – This means that if you were unable to do your own job then your income protection policy would pay out after the deferment period.
Suited Job – This means that if you are unable to do your own job or any job that is similar to your own job then you would receive a payout from your income protection policy after the deferment period.
Any Job – An any job definition means that if you were unable to do your own job or any other form of paid work then your income protection policy would pay out after your deferment period has ended.

The best definition you could receive is the own job definition as it does quite simply mean that if you are out of work then you will receive a payout as presumably if you are unable to carry your job out for the company you work with then you are unable to carry out the same job with any other company. If you were to receive the any job definition it could mean that you are unable to receive a payout from your income protection policy and are expected to find new employment.