Income Protection Life Assurance
“Financial protection for your loved ones – The
Intelligent Choice”
Income Protection Assurance is designed to pay out a monthly income if you are unable to work due to illness or disability. This form of cover is particularly common if you are self-employed.
Key Features
- You do not require a mortgage to protect your income
- The cover will pay out until you are either able to return to work, reach retirement age or die.
- Insurance cover to a percentage of your annual income (including benefits) – commonly 50-65%*
- Fixed policy term – commonly to reach retirement age
- Monthly income payments can be fixed or indexed-linked to increase by a fixed percentage each year
- Option to fix the premiums throughout the policy term, irrespective of claims experience
- Payments are deferred for a pre-agreed period. During this time you are expected to cover your loss of income from other sources
* If self-employed, your income is your trading profits for the last tax year.
Our product can be tailored to your requirements as follows:
- unemployment only
- disability only
- unemployment and disability combined
Terms and conditions vary according to the insurer. Ask your financial advisor for further information.
For peace of mind for you and your family, contact Christie Insurance for the intelligent solution.
