INCOME PROTECTION FROM
We can help protect you financially if you become unable to work due to personal injury or illness, when you take out Income Protection Cover. This form of insurance replaces your earnings and is available to both full-time PAYE employees as well as the self-employed.
We recommend you take out Income Protection Cover if you depend on your salary or if you are self-employed, as an Income Insurance plan will help cover your financial outgoings and maintain your lifestyle if you suddenly become unable to work. You will receive monthly payments straight from the insurer and you can choose how much you receive each month – up to 75% of your salary.
Income Protection Plan
When it comes to Income Protection for when you are unable to work due to ill health, some employers may very well offer sick pay. There is also the possibility of disability allowance claims. However, the support from these benefits may not be enough for your personal needs. This is especially the case for the self-employed who are not eligible for neither options. Financial payments start as soon as the ‘deferred period’ is complete which is the length of time you have stopped working. You can choose any period – from 4 weeks to 52 weeks.
However, the shorter the period chosen, the higher the cost of cover. As a result, your decision should take into account how long you can last without any earnings. Your received payments will continue until you reach the retirement age or return to work.
Best Insurance Rates
When you become unable to work due to ill health, the last thing you want to worry about is being able to pay the bills and keeping up with your monthly outgoings. Taking out Income Protection Cover with Top Mortgages will help provide you with peace of mind and also the best insurance rates for your personal needs.
In order to find the best cover possible, our team of experts work alongside many Life Insurance companies for Income Protection. With our services, you can tailor your plan to your budget and have the relief that we are there to protect you and your family for when you are unable to work.
Life Insurance Brokers
Our team of Life Insurance brokers at Top Mortgages is ready to help find the top Life Assurance cover for you. Not only will we provide sound advice on the best policy for your lifestyle but we will also guide you through the application process and our products available to you.
If you want to find out your personal Income Protection quote, simply fill out our online form below with your details. The quote form is quick to complete, however if you would prefer to speak to an advisor over the phone, please feel free to request a callback at a time that suits you.
IF YOU DO NOT KEEP UP YOUR REPAYMENTS, YOU MAY LOSE YOUR HOME
THE COST OF YOUR MONTHLY PAYMENTS MAY INCREASE
THE VALUE OF YOUR INVESTMENT MAY GO DOWN AS WELL AS UP
THIS NEW LOAN MAY TAKE LONGER TO PAY OFF THAN YOUR PREVIOUS LOANS. THIS MEANS YOU PAY MORE THAN IF YOU PAID OVER A SHORTER TERM
YOU MAY HAVE TO PAY CHARGES IF YOU PAY OFF A FIXED RATE LOAN EARLY
THE ENTIRE AMOUNT THAT YOU HAVE BORROWED WILL STILL BE OUTSTANDING AT THE END OF THE INTEREST-ONLY PERIOD