Income Protection / PHI Its important to have income protection especially if you are self employed or have little or no company sick pay or have no ill health pension protection An income protection policy pays out a regular cash payment replacing part of your lost income if you are unable to work due to any accident, disability or illness. The cost varies on your occupation, the amount covered, the deferred period and term of the policy. Mortgage Repayment Protector is also available, which can be used to pay for your mortage if you were unable to work due to accident illness or redundancy.

Everyone insures their car or house and forget to insure their income which is your most important asset, without your income you will not be able to pay your monthly bills. Income protection cover is essential for anyone who is working, as you would see a drastic fall in your income if you were unable to work. Just look at the following examples

Would you be able to survive on €204.30 per week? Did you know that the state illness benefit is €204.30 per week. If you were unable to work due to sickness or accident, would €204.30 cover you weekly bills? You can put measures in place to protect your income if you were unable to work and also get generous tax relief while doing it.  

Would you be able to survive on €0 per week? Did you know that if you are self employed you are not entitled to the state illness benefit. How would you and your family cope financially if you were ill and unable to work?  Protect Your Income & look after your family.