Trusted Income Protection Services in Rayleigh | Mortgage Route Advisor
Protecting Your Income, One Route at a Time. Let's safeguard your financial future together. Book your free consultation now!
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 times of uncertainty.
With my Income Protection services, I am here to help you safeguard your financial stability by providing personalised advice and guidance.
Whether you’re self-employed or employed, my empathetic advice will for you to find the right protection plan that suits your needs.
I am dedicated to being a reliable partner in ensuring that you have the necessary support in place to weather any unforeseen circumstances that may impact your income.
- Free Expert Protection Advice
- Access To Whole Of Market
- Underwritten Prices Quoted
- Convenient Online Meetings Available
- Jargon Explained Simply
Financial Security
At my protection advisory firm, I recognise the significance of financial security when it comes to income protection.
I acknowledge how unexpected life events can impact our ability to earn a living, which is why having the right income protection plan in place is essential. With my expertise and personalised approach, I assist clients in navigating the intricacies of income protection to guarantee they have a safety net in place.
When it comes to income protection, financial security is more than just having a backup plan. It’s about peace of mind knowing that you and your loved ones are safeguarded in case the unexpected happens. I work diligently to assess your individual needs and find the best income protection plan that suits your lifestyle and financial goals. I take the time to explain all the details in a clear and concise manner, so you can make informed decisions about your financial security.
With my protection advisory services, you can rest assured that your financial security is in good hands. I go above and beyond to provide ongoing support and guidance, ensuring that your income protection plan remains up to date and continues to meet your changing needs. Let me help you secure your financial future with a robust income protection plan that gives you the peace of mind you deserve