Professional Income Protection Advisor Hawkwell | Mortgage Route Advisor
Protect your income with Mortgage Route Advisor. Let's save you time and stress by providing trustworthy, reliable, and empathetic advice on Income Protection. Schedule your free online appointment today!
What Is Income Protection Cover?
Income protection insurance, provides a steady income if you’re unable to work due to illness or disability.
This financial support continues until you’re fit to return to work or reach retirement age (depending on the term you choose)
While the income replacement doesn’t match your pre-illness earnings precisely, typically ranging from half to two-thirds of your pre-tax income, the payments made from your income protection policy are tax-free.
There’s usually a minimum waiting period of four weeks before payments commence, but they can begin up to two years after you stop working. When taking out your policy you can choose how long before payments commence, generally speaking self employed people tend to choose the shortest deferred period. This delay accounts for potential employer sick pay or statutory sick pay covering the initial period of illness. The longer the initial deferred period is generally means the monthly cost will be cheaper.
It’s essential to compare income protection insurance with other options like critical illness cover to ensure you choose the most suitable coverage for your needs.
At Mortgage Route Advisor, I recognise the importance of protecting your income in uncertain times.
My protection advice is here to assist Hawkwell residents in securing their financial stability by providing tailored income protection solutions.
Whether you’re self-employed or have a traditional job, I can guide you through the process of finding the right income protection plan that fits your needs. With my trustworthy and empathetic approach, I aim to make the process as smooth as possible, ensuring that you can rely on me to help you safeguard your finances for the future.
- Free Expert Protection Advice
- Access To Whole Of Market
- Underwritten Prices Quoted
- Convenient Online Meetings Available
- Jargon Explained Simply
The Significance of Income Protection
Income protection is an essential safety net that provides financial support when you are unable to work due to illness or injury.
At Mortgage Route Advisor, I recognise the importance of protecting your income and ensuring that you can meet your financial obligations, even during challenging times. With underwritten prices quoted, my income protection plans offer peace of mind, knowing that there will be no unexpected price increases down the line.
I am committed to helping individuals in Hawkwell secure their financial future through thorough income protection plans. I believe that everyone deserves the stability and security that comes with knowing their income is safeguarded. Whether you are a business owner or an employee, having a solid income protection plan in place is essential for protecting your financial well-being and that of your loved ones.
When unexpected circumstances arise, such as a sudden illness or injury, having income protection can make all the difference in maintaining your standard of living. My tailored income protection plans at Mortgage Route Advisor are designed to provide you with a reliable source of income when you need it most. By choosing my services, you can rest assured that your financial future is in good hands, allowing you to focus on your recovery without the added stress of financial uncertainty.