Income Protection
Income protection ensures you against the inability to work due to illness/injury/disability, NOT redundancy or lack of work. Maybe you could struggle through & make ends meet financially for 12 months at a push, but could you manage 4 years being out of work and not earning any income in that time.
Important information to know.
You pick the limit or time-frame.
You might be asking is there a limit or time-frame on how long your income will be covered when you are unable to work & does its scale back as the years go by. You can cover your income for 10, 20, 27, 32 (however many years you like) up to a maximum age of 70. So for example, if you buy an income protection policy to age 68, your policy will pay you a replacement income until you hit 68. The income you receive doesn’t scale back. If you insure yourself for €4000 per month, you’ll receive a taxable income of €4,000 per month until your policy ends. You also have the option to add “claim escalation” to your policy which means your payout increases by 3% every year you are out on your claim.
Can I get tax relief on my income protection premium payments.
Who pays the bills if you have no income?
Waiting Periods for Income Protection
Unable to work.
Self Employed & Income Protection.
What will you do if you can't work?
Reasons you should consider Income Protection

If you feel you have more questions you need answering, why not check out our Income Protection FAQ'S or contact us today.