We can often insure everything else in our lives, except the most important thing of all: our income.
How would you pay your bills if you lost your income tomorrow? It’s not too hard to see that without an income, our entire world can start to fall apart, and an illness or accident could happen at any time.
Income Protection policies are generally very straightforward and simple to set up, as it’s bespoke to your circumstances. It can provide an income on a monthly basis, tax free to replace up to 65% of the lost earnings. This can be set up to pay until retirement, or until you can return to earning a salary again. Unlike car or home insurance, your premiums won’t increase due to a claim, and the insurer can’t cancel your policy, which is why this cover used to be called Permanent Health Insurance.
This can be tied in with your existing benefits, if you receive any from your employer, to ensure a seamless transition with no break in income.
It’s our professional responsibility to ensure that your home and family are protected and that you are aware of the risks involved with taking on a mortgage. We can discuss and help assess your circumstances with you to discover if Income Protection Cover is relevant for you and what level of cover would be most appropriate.
Please contact us to discuss your Income Protection requirements.
INCOME PROTECTION (WITH NO INVESTMENT LINK) HAS NO CASH IN VALUE AT ANY TIME AND WILL CEASE AT THE END OF THE TERM. IF YOU STOP PAYING PREMIUMS YOUR COVER MAY END
Book Meeting Contact Us About Us
Simon Lock
18 April 2024
I have used Wimborne Financial Services multiple times over the years. They have provided a professional, fast and easy to understand service. The advice they have provided me has always provided great value saving me and my family money.
A particular example has been the advice and product recommendations provided prior to recent large interest rate increases.
I would highly recommend.
Andrea and Graham
19 June 2023
Andy has dealt with our financial requirements from soon after he started in business 15 years ago. He was clearly extremely knowledgeable then and having come from another high pressured commercial background knew exactly how to find the best solutions for all of our needs since. If you want straight forward good advice then you will get it and all the mortgages he has done for us over the years have been spot on. Always keeps you up to date on the progress of each event and has been more than happy to offer ongoing advice even when there is no business in the offing.
Would thoroughly recommend
Andrea and Graham - Poole
Georgina Mountney
18 April 2024
Andrew has helped myself and my family with our mortgages for a number of years now. He has always been incredibly helpful and approachable, ensuring we get the best possible deals. Would highly recommend.
A mortgage is a loan secured against your home. Your home may be repossessed if you do not keep up repayments on your mortgage or any other debt secured on it.
