Income Protection
Worried about loss of income caused by ACCIDENT, SICKNESS or even the DEATH of a bread winner?
Then Income Protection Insurance will give you peace of mind.
There are so many types of Income Protection Policies. Some policies will pay you a monthly income if you are off work for a month or more due to accident or sickness. Other types of policy will pay you an income if you become very seriously ill and are likely to be off work for a long time – or perhaps never likely to work again.
Many people aren't aware that payment protection insurance isn't restricted to mortgage payment protection, covering just your finance commitments; income protection insurance can also be used to safeguard your rent payments, utility and council tax bills or even your monthly food costs.
Payment Protection Policies offer a choice of waiting/excess periods (the length of time you've chosen to wait until money starts being paid directly to your mortgage provider or into your bank account) - these range from ‘back to day one' to 180 days. The longer the waiting period, the lower the monthly premium.
Here at David Stock & Co. Ltd we have access to the whole market and provide bespoke advice for you.
