One of your most important assets is your income. If you were unable to work as a result of illness, injury or accident, without your earnings it may be difficult to meet your financial commitments. An Income Protection policy pays you a benefit of up to 75% of your gross salary less your social welfare entitlement. The benefit may continue to be paid until you are well enough to return to work or reach your chosen retirement age.
Income Protection, also known as Permanent Health Insurance, provides you with a replacement income if you cannot work as a result of an illness or injury after a certain period of time. You can take out Income Protection Insurance if you are in full time employment or self-employed. Income Protection will not cover you if you become unemployed.
Here at Connolly McCabe FB Ltd we can help you choose a level of Income Protection that fits your life style needs.
Contact us to arrange an appointment with one of our Financial Advisers.
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