Give yourself the peace of mind of Income Protection Insurance. If because of sickness, an accident or disability, you cannot work, or carry out a number of tasks, a monthly, tax free income is assured for as long as it is needed,* all for a small monthly payment. Your monthly benefit begins after a deferred period, depending on the choice you make when you take the benefit out.
Your income is important to you. Our aim is to ensure it will always be there
- Cover yourself for upto £5,000
- 65% of your monthly gross income
- Accident & Sickness Insurance until age of 70 years and Unemployment for upto 18 months
- Wide range of Insurers and Competitive Price GUARANTEED
Four Good Reasons to Choose Global Mortgage UK
Competitive pricing
Easy to apply with friendly and knowledgeable staff to help you get the cover you need.
Comprehensive protection for your most valuable assets.
After years helping people buy homes, Global Mortgage UK understands what you need to protect your home and its contents.
What is Income Protection Insurance?
Formerly known as permanent health insurance (PHI), long-term income protection (IP) is an insurance policy that pays out if you're unable to work due to injury or illness.You may have seen the Paul Whitehouse-fronted Aviva advert, or Unum's Back-up Plan adverts – both promoting income protection.
Why do I need IP?
According to research by Unum and Personnel Today, just 12% of employers support their staff for more than a year if they're off sick from work. Given the low level of state benefits available, everyone of working age should consider IP. But when we asked the public, just 9% said they have some form of IP, compared with 41% who have life insurance and 16% who have private medical insurance (PMI).
One industry survey showed less than a quarter of people deemed protecting their income to be essential, compared with 74% who said the same of needing access to broadband internet.
Income Protection Insurance covers you for:
- Accident
- Sickness
- Disability
