Income Protection

Ensure you can maintain your standard of living should you lose your income due to ill health.

At Advisory Financial Services we are committed to ensuring that our clients can maintain their standard of living should they lose their income due ill health.

An Income Protection plan will pay you an agreed monthly benefit if you are unable to work due to ill health for the remaining term of the policy, which can be set as your retirement age.

You can shape the policy to suit your individual circumstances by deciding

  • The monthly benefit amount (this could cover just your mortgage payments or include other monthly outgoings up to a maximum of 70% of your pre-tax pay)
  • How long you are unable to work before the benefit is paid (you may have benefits provided by your employer that will cover short periods of sickness)
  • The term of the policy
  • Whether to include unemployment cover

With so many choices to make it is vital that you get advice from an expert. Many income protection policies will only pay out if you are unable to perform any occupation but the best policies will provide cover if you are unable to follow your own-occupation and we believe this type of policy is best for our clients.

Our fully qualified advisors will be delighted to talk to you and explain all of the choices available and will recommend a policy that is tailored to your specific needs.

Our recommendation will be based on the quality of cover available as well as the price as sometimes customers are persuaded to purchase inferior products based on cost alone. They will guide you through the process and explain any terms that you may not understand.

As with all insurance policies, conditions and exclusions will apply.