Income Protection Insurance
If you lose your income how will you fund your monthly expenses? If you don't have any protection in place, you will have to personally fund your other monthly expenses such as food, credit cards, utility bills or council tax either from savings or debt. Many people forget this.
A standard payment protection policy on a mortgage or loan will only pay your monthly borrowing costs leaving you to fund your other monthly expenses either from saving or debt
Income protection can be used to fund your monthly payment protection costs as well as other living expenses such as mortgage or rent, council tax, utility bills, loans, transport and food.
Income protection pay-outs are based on your monthly "income" and not on the amount or your loan or mortgage payments, helping you to cover all your monthly expenditure and avoid falling into debt.
If you would like a income protection insurance quote, please complete the no obligation online quotation form.
Or call our specialist Insurance team on:
0845 257 2492
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