Safeguard Your Future with Income Protection
Income protection insurance acts as a safety net that replaces a portion of your income if you can’t work due to illness or injury. It gives you and your family financial security during challenging times when you might face significant expenses.
The Importance of Income Protection
Income protection is a valuable insurance product if you rely on your income to support yourself and your family. It’s particularly important if you’re self-employed or you don’t have access to sick leave or disability benefits through your employer.
If you claim on your income protection policy, the insurer will start paying you a benefit after a waiting period, which is usually 30 or 90 days. The benefit amount is usually a percentage of your income, up to a pre-defined maximum limit set by your policy.
Payments continue until you return to work, reach the end of the benefit period, or the policy expires.
AdviceHQ’s Income Protection Services
There are several benefits to having income protection insurance:
- Financial security: Income protection helps cover your bills and living expenses if you’re not able to work.
- Peace of mind: Knowing you have income protection will give you peace of mind and help you focus on recovering.
- Lifestyle maintenance: Income protection helps you maintain your current lifestyle if you’re not able to work.
- Savings protection: Income protection helps you avoid dipping into your savings or retirement funds if you’re unable to work.
Trust adviceHQ With Your Income Protection
Don’t leave your financial future to chance. Contact us today for expert income protection advice and secure your and your family’s financial future.
