Income Protection Insurance

In addition to insurance services we are also financial advisers are able to provide a valuable Income Protection policy for all carpet cleaners. We can now provide a product that has been designed for the nature of your occupation. The policy is specifically designed to assist financially should you be unable to work due to long term illness or injury. Click here for your personal quotation

Examples of cost:

For a benefit of £199.50 per week upto age 65.

Age of Insured	Monthly Premium
	*Deferred Period*
	52 weeks	26 weeks	8 weeks	1 day
30 year old	£ 7.98 pm	£ 9.31 pm	£ 13.49 pm	£ 22.04 pm
40 year old	£ 10.07 pm	£ 11.97 pm	£ 18.05 pm	£ 30.02 pm
50 year old	£ 19.95 pm	£ 22.61 pm	£ 30.40 pm	£ 45.98 pm

Many providers will not underwrite an income protection policy for occupations that are considered to be risky (where accidents can easily happen). However, we are in contact with a couple of insurers who do not undertake any occupational underwriting and will therefore insure the riskier occupations at normal premium rates. NO RATING WILL BE ADDED TO THE PREMIUM DUE TO YOUR OCCUPATION.

This type of policy gives you peace of mind that comes with knowing that when your earnings stop through an accident, injury or illness then everything you have worked hard for will not be at risk.

Accident Protection Cover
Gives you valuable cover if you are unable to work because of an accident from DAY 1.
For example, if you had a policy with a deferred period of 13 weeks and you are unable to work due to an illness then the benefit will become payable after 13 weeks of illness. HOWEVER, if you have the ACCIDENT PROTECTION OPTION and you are unable to work because of an injury then the benefit becomes payable from DAY 1 (provided the injury lasts for 3 days).

Deferred Period
You have a choice of the deferred period from 1 day, 1 week, 4 weeks, 8 weeks, 13 weeks, 26 weeks and 52 weeks. The longer the deferred period the cheaper the policy.

Benefit Amount
You can choose the amount you feel you will need when incapacitated, provided the amount is within H.M. Revenue & Customs guidelines.

Investment Option
A policy can not only be designed to provide the essential income replacement but also the opportunity to build up a cash lump sum payable on the maturity of the contract.

Choice of retirement date
Any age between the ages of 55 to 65

Inflation Proofing Index Linking
This is often included automatically in the policy. This means the amount of cover you require when initiating the policy will increase in order to keep up with inflation.