Marine & General

Financial: Income Protection

What is it?

Income protection cover is a benefit designed to replace some of your income if you are unable to work due to long term illness or injury.

It will provide peace of mind to know that, in the face of such unforeseen and unwelcome events, your financial situation and lifestyle and that of your dependants wouldn’t have to suffer.

Tax relief can be claim at the marginal rate reducing the cost and making the premium even more affordable.

What will the Government give me?

If you are self employed the Government don’t give you an income if you are unable to work due to illness or injury

If you are employed and qualify you will receive a disability benefit of approx €197.80per week from 02/01/2008.

Imagine you cannot go to work for the next 2 years due to an illness or injury….. Now do you think you should have an income protection policy?

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