Income Protection Insurance Advice in Leeds

Providing Income Protection Insurance Advice in Leeds

Income Protection Insurance gets designed to pay out a monthly benefit if you cannot work due to illness or accident. The applicant can decide along with the help of their Protection Specialist Advisor in Leeds how much cover to take out. Also how long they get prepared to wait before they are entitled to put in a claim.

Income Protection insurance can be expensive compared to life cover as you are far more likely to be unable to work due to illness than die. The monthly benefit continues to get until you return to work unless you have selected the “Budget” version. Typically only pays out for 24 months but is much cheaper.

The significant advantage of Income Protection Insurance is that unlike Critical Illness Cover it pays out for whatever is preventing you from working. Unlike Critical Illness which is just a list of specified illnesses.

This type of policy is prevalent amongst the self-employed and employed applicants who do not benefit from generous Employer sick pay schemes.

How our Protection Specialist Advisor in Leeds can help you

It’s very important to us that all of our customers are given an equal opportunity to take insurance through ourselves.  We wouldn’t be doing our job right if we didn’t mention it! 

We offer all of our customers a free, no-obligation protection review where we’ll have a look at any existing policies you have in place and assess their suitability.  We’ll then recommend which products, including critical illness and income protection that meet your needs.  If required, we’ll then tailor the plan to match your available monthly budget. 

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