Income Protection

Income Protection

An Income Protection Plan is the most tax efficient way for you to guarantee yourself an income in the event of being unable to perform your own occupation due to long-term illness, injury, accident or disability.

Without earnings/salary, it may be difficult to afford medical treatment and pay for all the day to day expenses we all take for granted. You and your family’s standard of living would suffer greatly.

You simply pay a premium every month, based on factors such as your occupation, health etc, that will ensure you receive a regular income if you are unfortunate to be out of work. This income will be paid right up to when you return to work or reach retirement age, whichever comes first. You can claim up to 41% in tax relief on your monthly premiums.

Long Financial believes that an Income Protection plan is the most suitable cover available for loss of income due to illness, injury, accident or disability, and that it is extremely valuable cover to have.