What is income protection
Like most people, you probably insure your home and your car against the unexpected. If you have a pet, you probably insure that too.
But what about your income?
When life is going well, it’s easy to take money for granted. It pays the bills and lets you take care of your family, enjoy your home, car, hobbies, and holidays. Your income is essential to your quality of life.
What if you were to have an accident or long-term illness that prevents you from earning a living?
That’s where income protection comes in. It gives you an alternative income while you’re unable to work.
It’s different to health insurance – it’s insurance for daily living. When illness or injury leaves you unable to work, income protection gives you financial security. It means you can keep on top of the bills that matter: mortgage payments, car loans, food bills, rent and more.