Income Protection is an insurance policy designed to provide a replacement income if you are unable to work due to an accident or sickness. In essence it is a form of sick pay and is available to both the employed and self-employed.
It will pay out a percentage of your normal monthly income enabling you to meet your living costs until you are able to return to work, the period of the policy ends, you retire or upon death whichever comes first.
There are a lot of providers offering products designed to provide a replacement income if you are unable to work due to accident or sickness and the quality of the different policies varies enormously.
It is essential to get the highest quality advice to ensure you are in a position to make a fully informed decision about which provider is offering the best product for you.
At Domus Finance we offer solutions from a broad range of insurers and have the expert knowledge and experience to advise you on which provider’s product is right for you.
If you would like to know more about this product and how it works, or the different ways you can structure the product please click here to arrange to speak to an experienced adviser.
As with all insurance policies, conditions and exclusions will apply.