The can be severe. Income protection is a policy that provides an alternative income if you find yourself in that situation. It means you can focus on your recovery.
It can provide you with up to - helping to cover regular expenditure & ensure minimal lifestyle changes for you and your family.
When the unexpected happens, we know that what matters is peace of mind from a policy you can trust. An income protection policy:
- · Can pay up to , allowing you to continue to take care of your loved ones
- · Some plans qualify for at your marginal rate
- · Pays a if you are in hospital during your
Friends First paid out over , with average claims lasting 5.5 years.
Income Protection can replace up to less any social welfare payments when you’re off work due to illness or injury. You pay a monthly premium determined by your
If you are absent from work due to illness or injury, income protection provides you with a which is chosen by you at the outset of your policy.
When illness or injury leave you unable to work you need the financial security of a product that keeps you on top of the bills that matter including:
- · mortgage payments
- · car loans
- · food bills
- · rent and more
If you do not have an alternative source of income, how would you maintain your lifestyle? In 2015, the . Could you survive on this?
Income protection helps while you are focusing on recovery - a time when money worries should be the last thing on your mind.
- · One in three people in Ireland will develop cancer during their lifetime (Irish Cancer Society, 2013)
- · An estimated 30,000 people are living in the community with disabilities as a result of a stroke (Irish Heart Foundation, 2013)
- · With medical advances, people are more likely to survive serious illnesses but this means that more people are likely to take prolonged periods off work for treatment and recovery. This could have a huge impact on their ability to earn.
While pays out after you die, and Income Protection cover pay you while you are living. You need the benefit of financial assistance at these difficult times, which is why they are often referred to as living benefits.
include rehabilitation assistance, relapse benefit, partial benefit, home-visits with independent qualified nurses or professionals, return to work support, and career change guidance.
Income Protection will help to relieve the financial burden while you get your life back on track. Get cover today - contact us in Dublin on 01-6853818 or Mullingar on 044-9348531 or online at http://lowcostlifecover.ie/income-protection-quote
Anthony Curran is an advocate for your financial future who takes a holistic approach to your needs and goals. He will work collaboratively with you to define what success and financial independence mean to you and how best to achieve them. Anthony is well qualified to provide long-term support and guidance on a variety of financial challenges and will help you focus on what you can control. Defining your own financial freedom will help you be more comfortable about retirement and the possibilities of creating the life you want. Whether you are single, married, or raising a family, your approach to financial well-being now will shape your life for years to come. www.lowcostlifecover.ie