Income Protection
This type of policy would pay out an agreed amount each month to cover financial commitments such as your mortgage, household bills and expenditure. Sadly, if you are unable to maintain your mortgage payments your home would be repossessed. This is why it really is essential to protect yourselves and your family against such events.
We would consider any sick pay received from your employer, but often this is very minimal and if you are self employed you would have no sick pay at all.
Loss of income immediately puts a huge financial strain on the household whether you are a single person or a parent with four children. This type of policy would pay out an agreed amount each month to cover your mortgage, household bills and expenditure. Sadly, if you are unable to maintain your mortgage payments your home would be repossessed. This is way it really is essential to protect yourselves and your family against such events.