INCOME PROTECTION
Your salary pays for your life. Probably a good idea to protect it.
What is Income Protection?
Most of us insure the house, the car and half the contents of the kitchen.
But the thing paying for all of that? Your income. If illness or injury meant you could not work for a few months, or even longer, Income Protection is designed to replace part of your income while you are off.
Simple enough. The slightly less simple bit is working out how much cover you need, when it should start paying and what policy actually suits you.
That is where we come in.
So how does it actually work?
You choose how much of your income you want to protect and how long you could manage before the policy needs to start paying.
That waiting time is called the deferred period.
You might have strong sick pay through work and be able to wait longer.
Or you might be self employed and thinking, “Four weeks would already be fairly grim, thanks.” 😂
There is no magic number. It depends on your job, your sick pay, your savings and how your household actually works.
Can I get Income Protection?
Maybe.
• You do not have to be permanent.
• You do not have to be earning a fortune.
And being self employed does not rule you out. If anything, it can make Income Protection even more important because when you work for yourself, sick pay is usually whatever is left in the bank account and a prayer. 😅
Your occupation, income and health all matter, so we look at the full picture before telling you what is possible.
What do we actually work out?
This is not a case of picking a random benefit amount and hoping for the best.
• Your income
• Your sick pay
• How long you could manage without full pay
• Any savings you could fall back on
• Any cover you already have
• What level of cover actually makes sense
• What you are comfortable paying each month
We compare the options available to us and explain them properly.
No alphabet soup. No pretending every policy is the same.
Because they are not.
Don’t have Income Protection yet?
Perfect. This is exactly where to start.
We’ll look at your income, sick pay, savings and budget, then work out what level of cover actually makes sense for you.
No picking random figures. No trying to squeeze you into a policy that does not fit.
We explain the options, the cost and what we recommend.
Then you decide what you want to do.
Book an Income Protection ConsultationAlready have Income Protection?
Good. Do not rush off and replace it. Top of the class 
Before we talk about changing anything, we need to know what type of cover you already have.
Teacher with Income Protection and AVCs deducted through payroll?
If you want an independent review of the full setup, including your Income Protection, AVCs and payroll deductions, this falls under our Second Opinion Audit.
Have Income Protection through your bank or another provider?
It is worth checking exactly what you have.
Some bank packages include Bill Pay or similar cover, while standalone policies can vary quite a bit depending on the provider and when the policy was taken out.
So before assuming you are fully covered, let us check what you actually have and whether it still suits your income and needs.