Arguably your most important asset is your income. If you were unable to work due to illness or accident, how would you and your family pay for all of the expenses of living that are funded by your income? The state disability pays a maximum of €204 per week and indeed self-employed have no entitlement to state benefits.
The answer is ‘income protection’ (also referred to as permanent health insurance). This plan replaces most of your income in the unfortunate event of you being unable to work due to accident or illness. Cover continues until you return to work or retire, whichever event comes first.
A key benefit of income protection is that the premiums also qualify for valuable tax relief!
Plans can be arranged on an individual or a group basis.
This market has become very competitive in recent years and as completely independent advisors we can guide you to the plan most suitable for you and ensure that you secure cover at a competitive cost.