Income Protection
With no or limited employers sickness pay, it is clear that many people would struggle to cope financially should they fall ill and not be able to get back to work straight away.
This is where income protection comes in. Designed to give you a monthly income should you be unable to work and ensure you are able to continue to pay all your normal bills, mortgages or rent. There are many different options available so when your employers sick pay scheme runs out you can rest assured that you will still receive a monthly income. Please see below some of the options available to you:
- Choice of deferred periods
- Short-term policies available
- Policies up to retirement age
- Increase benefit option
- Split cover period options
- Choice of payment periods
Accident Sickness & Unemployment Cover
With no or limited employers sickness pay, it is clear that a lot of people would struggle to cope financially should the unthinkable happen.
Mortgage Payment Protection Insurance (MPPI) is designed to cover the cost of your mortgage payments in the event that an accident, sickness or unemployment stops you from working. Products are fully flexible. You can choose the cover required Accident & Sickness or Accident, Sickness and unemployment. You can also choose the waiting and excess period for claiming, the monthly benefit required, and exactly how this is split if there are two applicants. Quotations can be produced and put on risk instantly for immediate cover.
MPPI Policy Highlights:
- Full Accident, Sickness & Unemployment suite available
- Can be taken out alongside a mortgage or as a stand-alone product
- Choice of waiting periods
- Optional back to day one cover
- Annual contract of Insurance
- Back to Work Support