There are other providers of Payment Protection Insurance (Short-Term Income Protection) and other products designed to protect you against loss of income. For impartial information about insurance, please visit the website at www.moneyadviceservice.org.uk
Income protection benefit will provide a monthly benefit if you are unable to work due to incapacity caused by an accident or illness or injury that results in loss of earnings during the policy term. Premiums are calculated on your age, occupation, smoking habits, pastimes, medical history and benefit required.
What would you do if you could not work due to accident or ill health? If you had a reduced income, how would you pay your bills?
What if you fell from a ladder and severely injured your back and were unable to go to work on Monday? How generous would your employer be or, worse still, what protection would you have if you were self employed?
We all hope it will never happen but sadly, thousands of people are incapacitated unexpectedly who thought that it would never happen to them.
If the reality is just hitting home then you need to think fast about taking out an income protection benefit policy.
You may want to review your protection products regularly to make sure that they still meet your needs.
This is not a savings or investment product and has no cash value unless a valid claim is made.
Please contact us if you would like to know about the benefits and risks about this product or to gain some advice.
Hays Financial Centre Ltd is an appointed representative of Quilter Financial Services Limited and Quilter Mortgage Planning Limited, which are authorised and regulated by the Financial Conduct Authority. Quilter Financial Services Limited and Quilter Mortgage Planning Limited are entered on the FCA register (https://register.fca.org.uk/s/) under reference 440703 and 440718.
Hays Financial Centre Ltd. Registered office: 325 Baring Road, London SE12 0DZ
Hays Financial Centre Ltd is registered in England and Wales 6810896
The guidance and/or advice contained within this website is subject to the UK regulatory regime, and is therefore targeted at consumers based in the UK.
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