Protect your income and your family’s income…..
If your income suddenly stopped it would drastically change your lifestyle.
Your income provides for both you and your family.
As you may know, Income Protection or Income Continuance is a highly tax efficient means of protecting your income in the event of long-term injury or illness which leaves you unable to work.
If you are either in full-time employment or self employed and earn an income you can protect yourself and your family through an income protection plan and potentially receive tax relief of up to 40% off the regular premium.
It is designed to provide you with a replacement income if you are unable to work on a medium to long-term basis due to illness or injury. It will pay out after a predetermined time period as chosen.
You can ensure that your Income protection plan can replace up to 75% of your income if you are off work long-term due to illness or injury. The insurance will continue to pay a regular income up to age seventy or until you are well enough to return to work.
The investment, or cost of your income protection policy will depend on your age, income, health, occupation and the level of benefits chosen. At Campion Insurance we will search the market to provide you with the best possible income protection plan at the best possible premium.
- Pays you a regular income replacing up to 75% of your earned income.
- Premiums on your plan can qualify for tax relief of up to 40%.
- Cover available up to age seventy.
- Premium waiver- you will not pay for your cover while in receipt of benefit.
- Premiums can be fixed.
- Indexation available to protect against inflation.
- Non-smoker discount.
There are no fee’s or charges in setting up your plan and there is no limit to the number of claims or length of any claim and your policy will continue to provide cover if you change jobs, regardless of what the new job entails.
If you are a Company Director for example, under an Executive Income Protection plan your company can pay the premium and it can be treated as a business expense.
So, what do I do next?
Contact Campion Insurance, where one of our qualified Financial Advisors will be pleased to assist you in assessing your needs and make any necessary recommendations.
1890 300 303