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Income Protection

An Income Protection Insurance policy will provide you with a tax-free monthly payment to make up for lost income should you be unable to work through sickness, accidental injury or disability. In other words, it is designed to replace your salary with a specified amount set by your policy.
The monthly payments will help cover your general outgoings such as your mortgage payments, loan or debt payments, food and utility bills upon being incapacitated on a long term basis.

There are also Short Term Income Protection products that will typically cover you for up to 12 months of loss of income. This will be beneficial in the event of sudden unemployment, such as from redunadancy, so you can concentrate on finding new employment without the stress of worrying about paying your bills.

 

 

 

 

 

 

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Pure Money is a trading style of Bradgate Financial Solutions Limited and is authorised and regulated by the Financial Conduct Authority under FCA number 672856. Trading Address: UN14 Armstrong House, First Avenue, Doncaster, South Yorkshire, DN9 3GA. Registered Address: 11a Leicester Road, Blaby, Leicester, LE8 4GR

THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR DEBT SECURED ON IT