We live in a financially turbulent world and it’s important to protect our incomes against all eventualities. ‘Income Protection’ is a good way of doing this – protecting us from further financial burdens associated with illness or injury.
‘Redundancy Cover’ is a practical way of protecting ourselves from a volatile jobs market; unemployment is a serious threat to all of us in the current financial crisis. Finally, ‘Life Insurance’ is an important consideration if you have dependants.

In the event of personal disaster we need to protect ourselves against further financial stress. We all have regular outgoing payments – mortgages, rent, credit card bills, council tax or just the money it costs to live our everyday lives. We need to adopt payment protection measures to assuage any financial discomfort.

Income protection can guarantee up to 60% of our income in the event of illness or injury. A comprehensive scheme will keep paying out until you can return to work or retirement. It may even contribute towards some forms of rehabilitation in getting back to work.

Redundancy Cover can provide a tax free income of up to 50% if you are made redundant. As the financial crisis deepens, all of our jobs seem less secure than they were in previous generations; a job for life no longer seems a modern day reality.

Redundancy Cover will provide you with a monthly income for up to 24 months or until you have found employment.

Life Insurance is an important addition to a comprehensive payment protection scheme. Life insurance can entitle you to a tax free lump sum or a monthly income for a given period.

Payment protection schemes give us peace of mind not just for ourselves but most importantly, for our families. We need to provide a buffer against any financial stresses that may be inflicted upon them through our own loss of income.