Receive a regular cash payment if you're unable to work for any reason physically or mentally.Most people are happy to insure their cars, their homes, and the things they have in them such as TVs, laptops, etc. They'll also happily insure their pets. But they often forget to insure the thing that pays for everything — which is their income.
Without an income, how else would you afford monthly outgoings like the rent/mortgage payment, pension provision, parenting or educational costs plus every other living expense?
1 million workers are off sick for more than a month, every year. *
Income Protection is designed to pay you a monthly non-taxable benefit if you cannot work due to an accident, illness, sickness or injury. In fact, insurers will pay the claim if you are unable to do your own occupation for any reason physically or mentally - there isn't a list of conditions.
This type of policy is very comprehensive, covering any health conditions ranging from cancer and heart disease, to stress and backache.
- Protect your income and maintain your lifestyle financially.
- Unnecessary stress and worry are avoided at a difficult time.
- Long and short-term options available to fit your budget.
- Include Unemployment Cover in case of redundancy.
The respected consumer champion, Which? states: 'The one protection policy every working adult in the UK should consider is the very one most of us don't have - income protection.'
At a time when you don't receive the regular earnings that you enjoy today, the policy will help ensure that a prolonged period away from work doesn't cause financial hardship for you and your family.
Receive a cash lump sum to give financial breathing space if you suffer a critical illness.We've probably all heard of a friend or relative who has been diagnosed with a serious illness, such as cancer, a heart attack or stroke. It is shocking and even more difficult to imagine it happening to us. However, the harsh reality is that a critical illness can strike at any time. Have you considered how you and your family would cope financially?
1 in 2 people (born after 1960) will be diagnosed with some form of cancer during their lifetime - Cancer Research UK.The good news is that with medical advances, you're more likely to survive a critical illness, but also likely to need prolonged periods off work for treatment and recovery.
Therefore, surviving an illness will often come at a cost. Mortgage/rent payments, childcare costs, council tax, food and utility bills still need to be paid. Plus, there are likely to extra things to pay for like medication or adaptations to your home or vehicle, all at a time when you are likely to experience a long-term drop in income.
- A tax-free cash lump sum when you need it most.
- Pay for treatment, care and other unexpected costs.
- Concentrate on getting better without rushing back to work.
A financial safety net for your loved ones should the unthinkable happen to you.Do you have dependents - such as school age children, a partner who relies on your income or a family living in a house with a mortgage that you pay? Life Insurance can provide for them if you die. Such a loss can have a massive impact on your remaining family and their quality of life. The last thing you want is for them to be left with a financial burden.
Every day, more than 100 children are bereaved of a parent in the UK.Life Insurance for your family provides peace of mind with financial security and helps ensure that:
- The quality of life that they're used to can be maintained or even enhanced.
- Bills, educational costs, childcare, mortgage/rent, debts etc. can all be paid for.
- Unnecessary stress and worry are avoided at a difficult time.
If you already have Life Insurance to protect to your family, when was the last time you reviewed your policy? We could help to save you thousands of pounds.
Safeguard your possessions while you are renting.This type of insurance covers loss or damage to all the things in your home which are not part of the structure or the building.
Contents insurance covers your belongings against theft, damage or loss. It can protect items like:
- Television and electrical items
- Personal items and valuables
- Kitchen equipment
- Household goods
- Furniture
You'll be covered a standard against theft and losses from things like fires, floods and weather damage.
If you're renting and looking for cover, we'll compare the market and provide you with expert advice on the best deals. Just tell us a little about yourself, the property and the contents you want to insure, and we'll compile a list of quotes tailored to your exact requirements.
As with all insurance products, the cheapest option isn't always the best. We recommend aiming for a balance between cost and cover, so you can avoid under-insuring yourself or overpaying for a policy you don't need.
