Ensure your income is protected during these difficult economical times.

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.

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