Income Protection

Income Protection

For most of us, our income is our most important asset. It affects how we live and how we pay our bills and fund our lifestyles, children’s education and family holidays.

It may surprise you to know that many people in Ireland will be out of work for more than six months through illness or injury.

Have you ever thought if this was to happen to you? How reliant are you on your Income?

Many employers don’t provide any forms of sick pay and for those who do, the majority will only pay you for six months.

Current State Disability Allowance (not everyone is entitled to it) is currently a maximum of €188 per week. Company Directors and the self-employed get no such financial assistance. Could you live with a 40-80% drop in your income?

Income Protection provides you with a replacement income if you are unable to work due to an accident, injury or illness. It can ensure your lifestyle doesn’t have to change if illness strikes and it can be used to pay your bills and living expenses until you are able to return to work, or if not, until your retirement age.

How much should I cover?

While 75% of your Income is the recommended level, we always say that a customer should protect what they can afford. Remember some cover is better than none. We will assist you in assessing your needs and guide you through your options.


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