Archive for the ‘incomeblog’ Category

Make sure you are protected in case the unfortunate happens.

Thursday, September 29th, 2011

Being out of work can cause a lot of financial difficulty, if you have a family who rely on your income it can be devastating knowing that you are no longer going to be able to support them. This worry of financial difficulty can be even more of a burden if you are out of work because of an accident or illness; this is because you will not be able to actively seek out a new job as a solution to your loss of income. If you were to have taken out income protection insurance you would not need to worry as much about your financial difficulty, this is because you would receive a tax free payout of on average 65% of your gross income. This regular payment would hopefully allow you to meet your financial commitments without putting a strain on yourself, especially if you are ill or injured as you should be focusing on your recovery. Income protection specialists will work with you when you take out your policy to ensure that you know what your payout will cover and if it will cover all of your financial commitments. When you choose your policy you should make sure to account for all of your outgoings so that you know just how much your policy payout will cover.

Get an array of quotes for your income protection cover by using an online quotes generator.

Tuesday, September 27th, 2011

Finding an insurance policy and taking it out no longer needs to be complicated. There are now so many income protection insurance advisers who will take all of the stress out of searching for an income protection policy and then talk you through the process of taking a policy out. If you are looking for an income protection policy all you need to do is get in touch with a financial advisor or insurance company and one of their advisers will guide you through the process. By learning about you they will be able to recommend policies to you and they can also tailor a policy to suit your exact requirements, which may be much more beneficial to you than a policy you may find elsewhere. These advisers will ensure that you fully understand the policy you have chosen and what you will receive from it.
When you take out an income protection policy, it will allow you to receive a payout which on average is 65% of your gross income and this will be paid to you in weekly or monthly tax free payments. This policy is ideal to take out if you rely on your wages and live from payday to payday as it allows you to know that you will not be in complete financial difficulty.

Finding income protection insurance can be easy if you call an advisor.

Thursday, September 22nd, 2011

Finding an insurance policy and taking it out no longer needs to be complicated. Income protection cover experts have advisers who will take all of the stress out of searching for an income protection policy and then assist you as you go through the process of taking a policy out. If you are looking for an income protection policy all you need to do is get in touch with a registered financial advisor or insurance comparison website and one of their advisers will happily guide you through the process. By gathering information about you they will be able to recommend policies for you and advise on bespoke insurance plans that are designed to suit your exact requirements, more beneficial to you than a policy you may find elsewhere. Insurance advisers will ensure that you fully understand the policy you have chosen and what you will receive from it.
When you take out an income protection policy, it will allow you to receive a payout which on average is 65% of your gross income and this will be paid to you in weekly or monthly tax free payments. This policy is ideal to take out if you rely on your wages and live from payday to payday as it allows you to know that you will not be in complete financial difficulty.

Income protection can benefit you.

Tuesday, September 20th, 2011

Do you want to know how it is that income protection insurance can benefit you?
Income protection is a form of insurance which will cover you if you were to be out of work due to an accident or illness. Becoming ill and being in an accident are beyond our control and this is understood by income protection insurers, this is why they offer an insurance policy which allows you to receive a percentage of your income in tax free payments which is a replacement for the income you will have lost.
When you take out a policy you will choose just how long you will receive payouts for, this can be anything up until your retirement. You will also choose how long you will need to wait from making a claim to receiving your first payment which can be anything from 4 to 13 weeks, maybe even longer if you can afford to wait that long.
You can choose to take out a short term income protection policy which will pay out much quicker however the payouts will only last for two years and so it is not always an ideal policy to take out, as the longer term policy offers you greater protection.

Take out protection on your income, in case you may lose your job.

Thursday, September 15th, 2011

Many of us think about what might happen if we were to lose our job and yet how many of us have actually taken out protection in case this was to happen? Many people won’t have done mainly because although they may have thoughts about losing their job they don’t actually think it will happen to them, losing their job is the kind of thing which may happen in another dimension and so it’s not something they need to protect themselves against.
What would you do if you were out of work due to an accident or illness? There would be very little you could do, especially if a return to work is not on the cards but there is something you could do now before you get to that point, you could take out income protection insurance.
Income protection will payout weekly or monthly tax free payments very similar to that of a wage and are on average 65% of your gross income making the payouts enough to live off. When you take out your policy you will choose how long your cover will pay out for and how long you will have to wait until you receive your first payment.

Get the right policy with help from advisors.

Tuesday, September 13th, 2011

Don’t feel the need to embarrass yourself by selling your most prized possessions when you lose your job and your income, ensure you are prepared by taking out an income protection policy.
Insurance companies know that it can be difficult trying to find the right policy which is why they have dedicated advisers which are on hand for you to call with any questions you may have. Their advisors can also help find the right policy for you. If you wish to look for your own policy then you may want to use one of the many quotes generator services which are available online. This will allow you to get quotes from many leading insurance providers while only having to enter your information once. It can often be difficult trying to understand the terms which are used in insurance policies and it can be a nightmare trying to decipher it so you know exactly what cover it is that you will receive and this is why professional advisers are there to help you online. If you find a policy online using any of the quotes generators, please do feel free to content them and speak to an advisor about the policy, they will be able to help you with any queries you may have.

Think about these questions and learn how income protection insurance can help you.

Thursday, September 8th, 2011

Have you thought about protecting your income? Do you have any protection in place for your income? There’s a high chance that your answer to those two questions is no. Have you thought about the effects a loss of income could have on yourself and your family? Is the answer to that question ‘no’ too? Then perhaps it is time that you think about the answer to these questions.
Although the UK is now seeing a decrease in the unemployment rates, that doesn’t mean people are no longer at risk of losing their jobs. If you were to become ill or were to be in an accident and were unable to return to work for long periods of time or indefinitely then there is a high chance you could lose your job. If you were to lose your job because you were not well or injured then it is likely you will not be able to find another job to replace the income you have just lost. The only way you can counteract this loss in income is by taking out protection long before you need it. Income protection insurance allows you to receive on average 65% of your income in weekly or monthly tax free payments.

High quality and affordable income protection insurance.

Tuesday, September 6th, 2011

No matter whom you are or what it is that you do there is always a chance you could lose your income and because of this many more people are taking out income protection insurance. This is because they know that they cannot possibly support themselves without an income.

Many people do not know what they would do if they lost their income because of how much they rely on it to get them through the month. People plan on how they spend their income to ensure that it will last them until the next payday and this is why losing that income can have such devastating effects.

There is no reason why losing your income should mean you need to sell your home or treasured possessions as long as you choose the right protection for your income. Income protection comparison sites search for the best insurance policies from the top UK insurance providers. They also have the ability to tailor your insurance policy to suit your needs and so you can be assured that there is no one better to go too for an affordable income protection policy. Protecting your income with insurance does not need to break the bank.

In need of that little extra security when you feel your income is threatened?

Thursday, August 25th, 2011

It is an uncomfortable thought for so many of us, when we stop to consider what the effects of losing our income would be in the event that something beyond our control was to happen. The long and short of it is simple, there is very little we can do to avoid the unexpected as unfortunately hindsight is never 20/20 and can often throw a few surprise spin balls.

To gain a more accurate look at what the possibilities may be of an individual developing the need to make a claim on their income insurance, insurance companies rely on underwriting each application, based on a person’s age, physical condition, lifestyle, employment and many other factors to determine any particular risks and therefore present the best package for them and the correct premiums to pay.

Going back to the point of offering added security in the event of a loss of income, it is wise to take a look at the current economic climate too. In today’s society there are very few careers that offer a ‘job for life’ with many companies feeling stresses and strains of what is a very competitive world that we now live in.

In that respect, coupled with varying degrees of hazards within many jobs, there are many chances where individuals could suffer an injury or an illness that could prevent them from continuing on in their employment. In any case arranging the right cover could make all the difference when faced with such scenarios and gaining protective measures for your income earlier can prove to be a wise decision.

Income protection insurance offers far more benefits than you may actually know.

Monday, August 22nd, 2011

There are many individuals each year that are unexpectedly placed in positions where their income is thrown into disarray and complete jeopardy. These days, losing an income is a worrying and testing experience, especially when it has either been an injury or illness that has caused the loss of income. Seeking the help and advice can be difficult, especially when counting up the cost of your monthly outgoings.

Many who are unfortunate enough to be placed in such a scenario have in the past reported vat changes to their lifestyles as a result of losing a large percentage of the family income, having to resort to selling their homes and valuables as a result. Such measures are not uncommon when faced with situations such as repossession orders and bailiff interactions and in all honesty, one phone call can often be the simplest and easiest way to avoid any of these uncomfortable and invasive events from ever happening.

There are many levels of income protection cover that can be purchased to produce a tailored solution for you and your family. Offering a bespoke and individualised solution to make the most of even the worst case scenarios life throws at you, income protection insurance can hold many significant benefits; the main one of which is a sizable percentage of your monthly wage of salary paid to you either until you return to work, the set period of a policy reaches its end or you retire. Cost effective policies now present the perfect choice for many, making income protection a viable and affordable insurance plan to take out.