Income Protection Insurance

Income Protection Insurance is insurance to protect your income against a number of possible eventualities. Short-term income protection covers you for eventualities such as sickness, injury or shorter-term illness, whilst long-term income protection will cover your income for longer periods, perhaps a more serious injury or illness, or disability. Both will cover you for your income until you are ready to return to work or until the end of the term of the cover.

Short-term income protection is designed usually as insurance when taking out a loan and is designed to ensure the loan payments against the borrower’s inability to work through accident or illness. Most of the time this short-term Income Protection Insurance is not obligatory but gives great peace of mind to the borrower, knowing that in the event of any serious issues the main loan and their income will be covered.

Longer-term income protection insurance is designed for those looking to have insurance in place that will protect them long-term, for the duration of the policy to offer peace of mind that any financial commitments that they have will be covered in the eventuality of long-term illness, loss of employment or even loss of life. Premiums are dictated by medical history as well as age. Needless to say, lifestyle is examined also, as certain lifestyles will impact the possibility of making a claim for illness for example, and premiums are adjusted accordingly.

Should you be interested in income protection we offer a referral service to The Right Referral Service. With your permission, we would pass your details to The Right Referral Service and they would then contact you and discuss your requirements. If you proceeded with either of them, we would receive a commission for introducing you to them.

 As a company, we have decided to advise on Income Protection from a single company called The Right Referral Service.

INSURANCE ENQUIRIES – IMPORTANT INFORMATION

Please note that we are a mortgage broker and do not provide advice on insurance products.

All Income Protection enquiries will be referred to The Right Referral Service. By submitting an enquiry, you consent to your details being passed to them for the purpose of discussing your insurance needs.

The Right Referral Service will arrange for a suitably authorised and regulated adviser to contact you. Any advice or recommendation provided will be the responsibility of that adviser.

We do not assess your insurance requirements, provide recommendations, or arrange insurance policies directly.

There is no obligation to proceed with any recommendation provided.

Any insurance product you choose to take is entirely separate from your mortgage application.

DATA SHARING

In order to facilitate your enquiry, we may share your name, contact details, and relevant information with The Right Referral Service. Your data will only be used for the purpose of contacting you regarding insurance products.

For further details on how your data is used, please refer to our Privacy Policy.

“Income Protection Insurance enquiries are referred to The Right Referral Service. We do not provide insurance advice. A suitably authorised adviser will contact you to discuss your requirements and, where appropriate, make a recommendation.”