Shepherds Friendly - Income protection Product

What would happen to you and your family if you had to take time off work because of illness or disability?
 
Nobody imagines they’ll be ill, but if the worst happened would you be able to live on government benefits or your savings? How would you meet your car payment, mortgage or even pay your utility bills? With an Income Protection Plan you can put yourself in control of your finances and make sure you have a secure income should you suffer illness or injury that stops you working.

For employees sickness pay is often time limited and long periods of illness could leave you and your family struggling financially. If you are self-employed and without an employers’ sickness scheme for support, even short periods of illness can cause terrible problems. Protection against loss of earnings because of illness with an Income Protection Plan is essential for peace of mind.

The Shepherds Friendly Simple Protection Plan is unusual in that is specifically designed to be available to people in occupations that traditionally have been difficult to cover. Therefore the plan is available on standard and comprehensive terms to all Tradespeople regardless of risk factors such as Working at heights, use of plant or power tools etc.
 
Income Protection pays out a tax free fixed sum every month if you are unable to work because of sickness or disability. Income Protection is flexible, allowing you to set the level of cover you need, whether just enough to make sure your usual household expenses are covered or up to 70 per cent of your income. Premiums may be less than you think, starting from as little as £10 per month (premiums are individually assessed).
 
Income Protection plans are flexible:
• You can choose your level of cover up to 70% of your regular income
• You can choose how long to wait before the plan pays out when you are ill, from 2 weeks to 52 weeks
• As your circumstances change, you can change your level of cover or waiting period.
 
Income Protection is designed to meet your individual needs and can be tailored to your specific circumstances with a range of additional benefits. You can, for example, ensure your level of benefit from the plan increases with the Consumer Prices Index to make sure inflation doesn’t eat away at the value of your payment. You can also choose to waive payments into the scheme while off work.
 
Income Protection Plans are tailored for each individual and no two plans are the same. You should be aware that Income Protection cover
• stops if you stop paying the monthly premiums
• is subject to terms and conditions in addition to this overview.

Nobody wants to be unable to support themselves or their family because of ill health. Don’t risk your own and your family’s security. Call us and find out how Income Protection could guarantee your income if illness stopped you working today.

Make sure you and your family have the protection they need against the risk of loss of income through illness or injury and get your quotation today.

 For a quotation contact us directly on 02920 849571 between the hours of 11.30am and 20.00pm Monday–Thursday & 10.00am-18.00pm Friday or email us at marketingideas@constructaquote.com and one of our Income Protection Experts will be happy to assist.

Notes.
All references to taxation are to UK taxation and are based on current legislation and H M Revenue and Customs practice which may change in the future.