Best Income Protection Cover

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Best Income Protection Cover. Sometimes an insurer might pay out a higher percentage of one portion of your salary perhaps the first 50000 and a lower percentage on anything above that. Our Sports Accident Insurance can include Income Protection covering you in such instances.

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You can use this cover to continue making your repayments if youre unable to work. Income protection insurance can pay a monthly benefit payment usually up to 75 of your salary if you are unable to work for a certain period of time due to illness or injury. Reassuring - well cover up to 65 of the first 15000 of a clients pre-tax earnings plus up to 55 of the remainder up to 250000 a year.

Income protection insurance does not cover redundancy.

Income protection refers to a family of insurance products which ensure you can continue to meet your financial commitments if you are forced to take an extended break from work. Sometimes an insurer might pay out a higher percentage of one portion of your salary perhaps the first 50000 and a lower percentage on anything above that. Reassuring - well cover up to 65 of the first 15000 of a clients pre-tax earnings plus up to 55 of the remainder up to 250000 a year. Some experts argue however that this is the best form of protection insurance if bought right.