A recent survey provided a horrifying statistic that 11% of people have been unable to work due to illness for over six months*. How would you and your family cope financially if you were unable to work long‑term due to illness or accident? For a short period of time you may continue to receive pay from your employer but what would you do when that finished?
Income protection (PHI) is designed to pay you a replacement income if you are unable to work and these payments will continue until you either reach the end of the contract (often retirement age), are able to go back to work, or sadly pass away.
Income protection insurance offers peace of mind for the future, especially if you are the main income earner in your household. Certain conditions apply, and these will be explained in detail at a meeting with one of our qualified advisers.
*The Guardian/Unum Survey 2011.