Financial planning is not just about saving and investing; it's also about preparing for life's uncertainties. One such uncertainty is the loss of income due to illness or injury. In such challenging times, Income Protection Insurance can serve as a financial safety net, helping you maintain your standard of living.
Income Protection Insurance is a specialised insurance policy designed to provide you with a regular, tax-free income if you're unable to work due to illness or injury. In simple terms, if you get sick or injured and can't earn money, this insurance will pay you a portion of your income.
Income Protection Insurance serves as a financial safeguard, providing you and your family with much-needed financial support in the event of illness or injury that prevents you from working. However, it's not a one-size-fits-all solution. The terms can be complex, and the long-term implications are significant. For more information, feel free to contact us.
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Note: This page is for information purposes only and should not be considered as financial advice. Always consult an Independent Financial Adviser for personalised financial advice tailored to your individual circumstances.