- Provides a replacement income If you’re absent from work due to sickness or injury
- What you get is Tax Free!
- Day one cover
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Our team of experts are here to guide you through the different options
What is it?
Income protection is, for most, usually the most suitable type of insurance policy. It is designed to provide a regular benefit to you in the event you are absent from work due to sickness or injury.
The policies can be set up to cover physical and mental illness’ as well as sickness. You can choose how soon after being unable to work you want the benefit to start paying as well as how long. It can provide cover if you are employed, self employed a contract worker or business owner.
It’s very important to make sure the policy is set up correctly. Some policies may increase in price as you get older and others may be reviewed based on how many claims you’ve made. This is why people like to use ConsultaLife as we can explain all the options.
Is Income Protection for me?
Maybe. Ask your self, if your income stopped. Could you still pay the bills? Could you still keep the same quality of life? If the answer is No then it’s something you may want to consider. You may also want to consider Income Protection if…
YES! Providing all questions have been answered accurately and payments are up to date. Many insurance companies actually like to boast about their payout statistics! A policy is a contract between you and the insurance company so providing you keep your end of the deal so will they!
NO! Providing your policy has been set up on a guaranteed basis, your price will never increase! You do have to be careful though as not all policies are set up like this. That’s why people like to use a broker to make sure you have the right one! It’s also one of the many reasons it’s usually better to get this out the way when you’re still young!
We introduce you to the insurance company and do not provide the insurance ourselves so in the unlikely event we shut our doors your policy will not be affected!
You can! There are many sites that allow you to buy insurance yourself, however what you can't buy online is the advice! There are so many options out there and when you're dealing with something as important as you and your family’s protection do you really want to take the risk?
YES! Most policies are set up for long periods of time meaning it's very likely your circumstances will change! This is why we will regularly review your policy and make sure it still ticks all the boxes!
Good question, here's a couple reasons...
ConsultaLife is a trading name of Consulta Financial Goup Limited who are an appointed representative of Manage Your Mortgage LTD. We are authorised and regulated by the Financial Conduct Authority
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