The need for Income Payment Protection Insurance
No one knows what the future will hold and if you become unemployed or need to look after a partner, spouse, parent or child full time or you were disabled due to an accident or sickness (Disability) you may not be able to meet your financial commitments. Over 70% of people will not qualify for Income Support and those who do will receive a small percentage of their normal income.
Income payment protection insurance provides protection in the event of Carer, Hospitalisation, Accident, Sickness (Disability) and Involuntary Unemployment.
Your cover will cease on the earliest date of the following occurrence:
Income Payment Protection Quotes: You die; or
Income Protection Quote: You retire from work or reach the statutory retirement age, whichever is the earlier; or
Income Protection Quote UK: You stop living or working in the United Kingdom; or
Income Protection Plan: Your premium payment is more than 30 days overdue; or
Income Payment Protection Plan: You or we cancel your cover under this policy.