Income Protection

Pays a tax free income to the policy holder where the life assured is unable to work as a result of accident or illness until the expiry of the policy. Income protection insurance is sometimes referred to as 'Permanent Health Insurance' (PHI).

Income Protection policies are typically used to:

• Protect the family against the financial consequences of a parent being disabled.

• Provide Keyman Income Protection Cover. The income can be used to continue the employees salary, for recruitment and to reduce loss of profits.

• Provide a benefit to a group of employees.