Income Protection

Income Protection – What is it?

Income Protection is an insurance policy designed to pay out a regular income in the event you are unable to work due to an accident or illness. This type of cover will continue to pay out an income as long as you are unable to return to work up until the end date of the policy (typically your normal retirement age).

The policy can act as a valuable safety net should unforeseen illness or injury happen – providing you with a regular income to pay your monthly mortgage payment, bills, living expenses and other financial commitments.

Who is it for?

Income Protection is designed to cover anyone who is working – whether you are full time, part time, employed or self-employed. For the self employed, who will receive no sick pay at all in the event they are unable to work, this can be essential. For those in full time employment your sick pay can vary, dependent on your employer, between no sick pay at all and up to twelve months full pay, so additional protection can also be essential.

Income Protection plans can be adapted to fit in with any existing protection you might have. As impartial Financial Advisors, Personal Mortgage Solutions can give you completely impartial advice and expert guidance on which policies may be suitable for you, as well as ensuring that any policy you set up is of course suited to your budget.

Make a sound financial decision today

To find out more or to make an appointment simply call us on 01623 345750 or email