Many families feel that income protection is expensive - however if we ask if we loose are income how long will it take to run out of savings and the be a super big financial problem.
Income protection works on the basis ANY reason our GP states we can not work it pays money. This could be a broken bone, stress or an accident - these are typically not covered by critical illness protection. We can choose when we want the solutions to pay us so if we have (and want to use our savings?) it would start after that (the longer we have a delay for the safety net paying the cheaper the solution is per month!
We can choose how much we want it to pay in the event of illness? so sufficient for the rent or mortgage?, food? kids education fees? or a specific amount...
How long do we want that protection to pay for 1 year, 2 year or indefinitely??
All of these will impact of the final premium along with our age, smoking status, health and lifestyle choices along with our occupation.
We can work with families on any size budget like less than the cost of a netflix subscription! Many families would exchange that type of spend if they had the peace of mind so the bills are going to be paid if they were ill or could not work.
Please get in touch for more information on cost effective ways to protect you and your family. Free Independent advice giving you peace of mind
