Income Protection

• Covers against: Illness or injury
• Type of benefit paid: Regular income

“When illness or accidental injury strikes, could you survive on benefits from the Government of just £88.45* per week?”

We all insure our cars and homes but we don’t always look after what pays for it all; our earnings. How you would cover your monthly mortgage payments and other outgoings if you couldn’t work?

When the unexpected happens, what matters is peace of mind from a policy you can trust. An Income Protection policy pays out a monthly income to replace a proportion of your salary (typically up to 70% of your gross salary) in the event that you are unable to work as a result of sickness or an accident. It will pay out after a set amount of time has passed (decided by you at the start of the policy) and will continue to pay until, the soonest of the following; you are well enough to return to work, you reach retirement age, the end of the policy term, or your death. This means that you have the peace of mind of a regular on-going income to maintain your lifestyle should you fall ill, or have an accident and need to take time off work. This policy helps give peace of mind to you and your family.

The premiums for this policy can be either fixed and guaranteed from the outset, meaning that they won’t change throughout the life of the policy, or they can be reviewable.

Contact today by telephone; 07748 800587, by email; advice@hcmortgages.com, or by using the contact form.

* “You can get £88.45 per week Statutory Sick Pay (SSP) if you’re too ill to work. It’s paid by your employer for up to 28 weeks” source: https://www.gov.uk/statutory-sick-pay/overview – December 2016