Archive for the ‘incomeblog’ Category

Ensure your income is protected during these difficult economical times.

Friday, June 24th, 2011

With the current recession and downturn in the economic climate it is recommended that you protect your income. If you were to end up out of work for whatever reason without income protection you would most likely be without an income and would be unable to maintain a basic standard of living never mind the luxurious standard of living that most people are used to today.

Income protection will give you monthly or weekly tax free payouts at approximately 65% of your income and if you are reliable on your wage to get by each month income protection will give you security in case anything does happen to you.

Income protection will cover you if you are out of work due to sickness or an accident most policies won’t cover you for redundancy or any other form of unemployment. Being out of work due to sickness or an accident doesn’t allow you the opportunity to find another job but if you were out of work due to redundancy you would have the opportunity to find another job. There are other forms of insurance that will cover you for redundancy and unemployment, but you do have to be employed when you take the cover out.

If you own your own home, have a family or both then you need peace of mind that if anything was to happen to you, you could still support your family or keep up with mortgage payments, income protection insurance gives you that peace of mind.

Don’t put yourself at risk of losing your complete income.

Friday, June 24th, 2011

When you lose your income it becomes a very difficult and trying time. Everything around you has to change to accommodate your loss. If you lose your income due to redundancy or due to an illness or accident making you unable to work, the difficulty and adjustment needed is the same.

If you do not have income protection and lose your job and income times will become very difficult as you’ll be unable to meet the payments for your financial commitments causing you a lot of stress and worry, when you should be focusing on finding a new job or recovering. Not only will the loss of income effect you it will affect your family too.

If you were to have income protection and lose your job due to an illness or accident then you would be entitled to receive monthly or weekly tax free payouts at 65% of your income allowing you to maintain your financial commitments and allowing you to recover. The loss of your job will still cause you a lot of worry but having income protection allows you to get on your feet while not losing too much of your income, ensuring you don’t end up in financial difficulty.

Having income protection allows you to have peace of mind that if you were to lose your job due to an illness or accident you would not lose all of your income and you have the ability to just focus on recovering rather than worrying and becoming stressed over your financial commitments.

Protect yourself with income protection.

Friday, June 24th, 2011

People are starting to take insurance out for many different reasons and for different circumstances but ultimately it is all for your protection. You take out car insurance to protect yourself if your car is in an accident, you take out house insurance so as to protect your home if it is burgled or if it is in a fire. Having insurance allows you to relax and not worry about situations that may or may not happen.

Income protection insurance protects your income if you lose your job. There are different types of income protection insurance policies which payout when you lose your job such as if you have an accident or illness or if you lose your job due to job cuts. When you take out income protection insurance you will receive weekly or monthly tax free payments of on average 65% of your income. Having income protection will give you peace of mind so you do not need to worry about what will happen if you end up with a total loss of income.

If you lose your job due to an accident or illness you will be able to receive a payout from your income protection insurance as long as you meet the definition you were given when you took out your insurance policy. An own occupation definition means you will receive a payout when you are unable to do your own job. A suited occupation definition means you will receive a payout when you are unable to do your own job or a job similar. An any occupation definition means you will receive a payout when you are unable to do any form of paid work.

Join the growing crowd of people whom are taking out income protection insurance.

Wednesday, May 18th, 2011

Many more people are choosing to take out income protection as they realise just how much it could help them if they were to become unemployed.

Taking out income protection insurance will allow you to have the peace of mind that if you were to become unemployed due to an illness or accident you and your family would not face a financial struggle. Having protected your income allows you to avoid having to sell off your treasured possessions so that you can afford to live.

Income protection allows you to receive monthly or weekly tax free payments when you are unemployed, these payments will be up to 65% of your income. The aim of income protection is to ensure you can maintain your financial commitments such as a mortgage or rent and so that you can have a basic standard of living.

Income protection cover can cost you very little making it a worthwhile piece of insurance to take out especially in a climate where many people are losing their jobs or having to take a cut in hours and pay.

Income protection insurance companies can provide you with a large range of different policies to choose from alongside a team of dedicated advisors who can help you choose the correct policy for your circumstances and requirements.

Take out the correct income protection cover today

Thursday, April 28th, 2011

Income protection insurance comparison sites can help you find the best income protection policy for you, with advisers who will work alongside you to understand your situation and what it is you are looking for from your income protection insurance. Income protection cover specialists have a selection of insurance providers on hand to work with you and who will always aim to provide you with the cheapest policy for your needs.

Income protection insurance will allow you to receive up to 65% of your income in weekly or monthly tax free payments, so that you can afford to maintain you financial commitments.

Income protection insurance will only protect you if you are out of work due to being ill or having been in an accident. When you take out income protection you want an own occupation definition, with an own occupation definition you will be able to receive payouts once you are unable to do your own job. You do not want an any job definition as you will not receive payouts unless you are unable to do any form of paid work.

Make sure you aren’t at risk of losing your income by taking out income protection insurance.

Tuesday, April 26th, 2011

Income protection is something which most of us are taking out. With mortgages and families to look after, individuals can’t afford to lose their jobs or incomes.

Having income protection eases the worry that if you were to lose your job your whole lives wouldn’t fall apart. With income protection it won’t. Having income protection allows you to receive monthly or weekly tax free payments at up to 65% of your current income.

Without income protection many would soon encounter financial difficulty which would result in being knee deep in debts that people couldn’t afford to pay back.

Becoming ill or being in an accident is not something that we choose and so why should it result in a loss of income? Astute persons can control whether or not they lose out on an income by choosing to take out income protection insurance or not. Income protection insurance will mean that you don’t lose your total income, it may mean not receiving as much as you normally would, you may lose a percentage of it but as long as essentials can be afforded then those with insurance won’t lose out.

Financial advisers and insurance companies will work with you to ensure that you take out the correct income protection policy for your situation and requirements at an affordable price.

Income protection can help you.

Saturday, April 16th, 2011

Life is getting harder for each and every one of us as living costs increase and yet more and more of us are becoming at risk of redundancy, being at such risk causes a lot of worry especially when we know we are already struggling to make ends meet whilst working.

If you purchase income protection your income will be protected if you get made redundant due to an accident or illness, circumstances that are out of your control. Income protection allows you to receive up to 65% of your monthly income in weekly or monthly tax free payments upon being made redundant. Income protection, will payout until you find yourself employment again.

Income protection cover providers make taking out income protection an easy task and there are experts who will guide you through the process making it quick and hassle free. Advisers will guide you through the process and will tailor a policy to suit your individual needs that will ensure that the payouts you would receive will cover your mortgage costs and any personal loans you may have.

Almost all of us are not guaranteed financial security so having income protection gives you peace of mind that when difficulty arises you will not be at a complete financial loss.

Income Protection will lessen worry.

Monday, April 11th, 2011

In difficult times having peace of mind that your income is protected if you were to become ill and out of work can allow you to enjoy yourself when the opportunity arises.

Income protection insurance companies work with you to find a policy that fits your requirements, with advisers who will tailor a policy to suit your individual needs, which gives you the piece of mind that you’ve found the right policy. It is essential that our advisors are given all the correct information so that they can correctly tailor your policy.

When you take out your income protection you want a policy with an own occupation definition, which means that your insurance policy will payout if you are unable to do your own job. A suited definition means your policy will pay out if you are unable to do your own job or a job similar to your own job. You do not want to receive an any occupation definition as this means your policy will only pay out if you are unable to do any form of paid work.

Income protection will protect you.

Friday, April 8th, 2011

More and more people are now choosing to take out income protection due to there no longer being job security and everyone now being at risk of losing their job. The recession and current economic climate of the UK has encouraged people to reassess their finances and many are learning that if they were to lose their income they would encounter financial difficulty and both they and their family would be put through a difficult time.

Income protection will ensure you receive on average 65% of your monthly income paid to you either monthly or weekly tax free. If you were no longer unable to work due to an accident or illness your income protection policy would pay out. The payout will allow you to maintain your financial commitments while you focus on recovering from your illness or accident. Having an income protection policy gives you peace of mind that if you should be out of work due to an accident or illness then you will be able to pay your financial commitments and avoid financial difficulty.

More Facts about Income Protection Insurance

Monday, April 4th, 2011

Income protection is available to everyone as long as you have an income. You can’t take out income protection if you are already unemployed or don’t do any form of paid work. The amount of income you have does not affect if you can purchase income protection or not, everyone with an income should protect it in case of unemployment.

Income protection cover will protect you if you become unable to work due to an accident or illness you will receive a monthly or weekly tax free payment which is on average 65% of your income.

With the current economic climate and recession meaning there are many redundancy’s and cuts in hours or pay, protecting your income is paramount in ensuring you can maintain all your financial commitments if anything was to happen to you causing a loss in income.

A loss in income can be devastating and without income protection it can cause a lot of financial difficulties for you and your family having income protection takes some for the stress and worry away from meeting your financial commitments.

When you take out income protection insurance you want an own occupation definition as this enables you to receive income protection payouts when you are unable to do your own job.

The other two income protection definitions depend on you being unable to do other jobs alongside being unable to do your own job whether it is a job similar to your own or any other form of paid work.