Personalised income protection for your security
Have you ever considered your income as one of your most valuable assets? Your capacity to work and earn is undoubtedly a crucial resource. But what if illness or injury impedes your ability to work? This is where income protection comes into play, acting as your personal sick pay insurance. It ensures a regular monthly benefit if illness or injury prevents you from working, thereby helping you maintain your financial obligations and lifestyle.
Income protection encompasses a range of ailments, covering both physical and mental illnesses, as well as injuries that hinder your work capacity. You have the flexibility to choose when the benefits commence following your inability to work, and these continue until you’re able to return to work or until the end of your chosen claim period. This insurance is versatile, catering to employees, self-employed individuals, contract workers, freelancers, and business owners, with numerous options available to customise the coverage to your specific needs.
Is income protection right for you?
Income protection should be a consideration if:
- You have financial responsibilities like a mortgage, rent, or other living expenses that must be met even if you’re unable to work due to illness or injury.
- You lack sick pay benefits from your employer and do not have substantial financial reserves.
- Your employer-provided sick pay is limited, and you seek extended coverage beyond the duration of your work's sick pay.
- You prefer not to depend on state benefits like Universal Credit in case of illness or injury.
Need Assistance?
Fitch & Fitch are experts in assisting clients with their income protection requirements. Whether you would like to make an enquiry or simply have a question about our services, we’re on hand to help.