If you cannot contribute to your business this is likely to have a significant impact on your ability to meet business loan repayments and maintain profit. If you work on your own your income would cease immediately putting your business and lifestyle at risk.
Income Protection Cover is designed to pay a monthly benefit to ease financial pressure until you are able to return to work. We have access to a range of plans including plans which pay benefit for a maximum of 1,2 or 5 years through to plans that pay benefit until your retirement age.
The benefit on Income Protection Cover is linked to your earnings. This can cause probelms for the self employed as your income/profit can fluctuate. In the case of the newly self employed your profit in the first couple of years trading may be quite low. We have access to plans especially for the self employed where earnings/profit are not taken into account. This type of cover is not widely available.
For a free no obligation discussion please contact our offices between 9am and 5pm Monday-Friday
Call us on 01709 730600 or e-mail us at firstname.lastname@example.org