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Don’t lose your income this Christmas.

Monday, December 5th, 2011

For many businesses it is always a tough time when having to lose one of their employees, however it is a tougher time due to the economic crisis and many people have to be ejected as they simple don’t have enough money. It isn’t always something they want to do, but as it is coming up to Christmas many of us would have worse things on our mind.

Christmas is a time where everyone spends large amounts of money, treating their family and friends with gifts and presents. However, if you happened to be one of the unfortunate ones who were to lose their job before Christmas not only may it cause stress on your behalf but also make you lose out on money for one of the most expensive times of year.

Purchasing income protection cover now will ensure that if you were to lose your job suddenly you would still be able to receive a fixed income and afford the Christmas you would have had. This could also mean you can pay for those extra little presents or you could have a few extra drinks at festive parties.

There is not a lot worse than losing your job at Christmas and the worse to come is that if you don’t find another job quick how are you going to pay off your credit cards and other bills? You never know how long it may be before you can find another job.

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.

Why choose to insure your income?

Monday, November 1st, 2010

A silly question really, but opting to take out income protection insurance really does offer superb benefits to those who, when the time comes, really need it. Because an income protection insurance policy replaces a generous part of your monthly income for long periods of time, you have less financial worries, helping you focus more on recovering and finding alternative employment or reaching the age to take retirement. Not just applicable to when you are faced with redundancies or cut backs that have a detrimental effect on your income but in addition income protection can be handy when you are unable to work too. If you earn a reasonable salary and wish to create a safety net around it, talk to an income protection specialist today.