This insurance when discussed with experienced consultants before taking out a policy can be extremely helpful. It is a policy which makes payments, on an ongoing basis when the person with the policy is unable to work.
No-one plans to be away from work through an accident or illness. However, these things happen and unless there are considerable savings to fall back on, the normal household payments which are due each month will prove problematical. Income Protection insurance is an economical way to ensure the mortgage and utility bills are able to be paid on time and protect the household from falling into arrears. The monthly premium is based on the annual salary of the insured person.
Bear in mind that if someone had an accident and couldn't work there could be a considerable shortfall in the family income. It must be thought about carefully and the friendly consultants at UKFCS are the ideal people to discuss the various figures. We will be delighted to answer all your questions and queries. Whatever your circumstances are, there will be a policy which is ideal. Give UKFCS a call and speak to any of our expert consultants who will be able to assist you to find Income Protection Insurance.