Allows you to protect your income and business liabilities to ensure that if the worst happens, you can still get paid and give your family a quality of life when they most need it.
Income Protection Cover
Protects you if you become too incapacitated to work through illness or injury and will provide a monthly payment. Due to the flexibility of this insurance, you can decide when it starts and how long the policy will pay your monthly salary for; cover can be provided from day 1.
Something to think about…when your salary stops, do your bills? The answer is no. As a self-employed person, you need to consider your own sick pay as you are the employer.
Protects you with a lump sum payment for a set period of time if you were to become terminally ill or die prematurely. This will ensure that your family can pay your business liabilities, such as rent, suppliers and clients who have paid in advance, to give them full peace of mind.
This is very important if you have a family to ensure they do not inherit your business debts.
Critical Illness Cover
Protects you with a lump sum payment if you were to be diagnosed with a specific critical illness. This will ensure your family can pay your business liabilities, such as rent, suppliers and clients who have paid in advance, to give them full peace of mind.
With now 1 in 2 being diagnosed with cancer* and the financial way we live, it’s becoming more and more important to have cover, such as critical illness cover, in place. The top five critical illnesses to be paid out on** are; Cancer, Heart Attack, Stroke, Multiple sclerosis and Benign brain tumour.
Family Income Benefit
Protects your partner and children with a monthly payment to replace your business income until your children are no longer financially dependent if you were to die prematurely. This will ensure your family can pay the mortgage, rent and other debts giving them financial peace of mind.
This is very important if you have children, as the remaining parent or guardian may struggle without your income and adversely affect their upbringing.
Private Medical Insurance (PMI)
Private Medical Insurance (PMI) – provides you and your family with private medical health care with high quality facilities.
As a self-employed person, it is important to return to work as soon as possible and not having to wait on a NHS waiting list is essential for you to continue to run your business.