Income Protection Benefits
Did you know you could protect your income for the same price on average as buying a cup of coffee per day?
Check out our brief Income Protection intro video👇🏾
What is income protection?
Income Protection is essentially putting in place your own long-term sick pay arrangement, these are very significant and comprehensive insurance plans that can potentially cover your income right up until your 70th birthday.
These can cover you if you can’t perform your own occupation due to sickness, accident or disability and has the potentially to pay out to you for decades if something was to go really wrong.
Georgiana Olescu2024-04-10Paul is an amazing broker, very helpful, responsive to emails and patient with customers. The process with him was quick and easy as his work ethic is impeccable. We are beyond impressed and happy with his services and that we got to work with him.
Valerie O2023-12-28Exceptional service provided by Paul, I could not have asked for better. Definitely does his due diligence and goes above and beyond. Highly recommended!
Bonnie Frost2023-12-25Paul is a fantastic advisor and guided my husband and myself through the entire process of buying our first home, he made the entire process feel easy and we were well informed along with great communication and fast action. We completed within 3 months of contacting Paul.
Johnathan Lowery2023-11-16Working with Paul has been a hugely positive experience. Paul took the time to understand our needs and financial situation, ultimately securing us a mortgage deal that we would not have been able to obtain on our own. His guidance and patience over an extended time was invaluable in guiding us through a volatile period in the property market. I highly recommend working with Paul at Your Property Financial.
Adeel Sarwar2023-10-02It has been great working with Paul. He helped us to redeem our help to buy equity loan which didn't seem possible to me when I first contacted him. It took much longer than expected due to many obstacles but Paul explained every step of the process very clearly and he regularly communicated with me to ensure the remortgage went through as efficiently as possible. I would definitely recommend working with Your Property Financial.
Jessica2023-08-29I would highly recommend Paul as a mortgage broker. As a first time lone buyer I began the process feeling very out of my depth, particularly in a market where mortgage rates are very high. But from the get go Paul provided reassurance and practical guidance and has been immensely helpful throughout the process. I've really appreciated his responsiveness, honesty and support.
Louise Griffiths2023-08-28I reached out to Paul 2 years ago and giving this review now because I wanted to ensure that I could give a true review of what benefits I have experienced from using his service. I am thrilled with the financial expertise given to me by Paul. His skillful negotiation secured me an excellent mortgage rate within a short turn around time. This has not only set me on the path to paying off my principal balance but has also allowed me to simultaneously build a solid emergency fund. His initial guidance has been invaluable in shaping my financial future. I look forward to working with Paul again, once my 5 year plan is near its end. Highly recommended!
Calum Hebron2023-08-05Paul has been consistently excellent, ensuring we got the best possible mortgage deal at a time when rates weren't great. Paul worked with us to understand our financial complexities and went above and beyond to ensure they were understood by mortgage providers. We've been made to understand every stage of the process, and as first time buyers we were able to feel confident in the decisions we made. I would highly recommend working with Paul at Your Property Financial.
Czarina2023-08-04My almost a year-long journey with Paul as my broker has been truly amazing, despite a few hiccups during the mortgage process. Working with him has been the best decision ever! As a first-time buyer, I lacked knowledge about purchasing a home, but Paul's guidance and expertise were outstanding. He explained things in a clear and concise way. What impressed me the most was Paul's responsiveness. He promptly addressed all my questions and concerns, never making me feel like a bother. Even when I faced challenges, Paul's determination and problem-solving skills were unwavering. I felt so supported throughout the entire process. Thanks to Paul's unwavering support, I managed to reach this point. I highly recommend him to anyone, especially fellow first-time buyers. Paul's knowledge, patience, and reliability are unmatched. He's not just a broker; he's an invaluable ally in this complex process. Thank you, Paul!
Alistair Prestidge2023-07-11Paul helped me to get my Mortgage approved in less then 48 hours! He has been great and I can’t recommend him highly enough. His communication is excellent, and he helped me understand each stage of the process easily. Thank you so much for helping me buy my very first home! I will most certainly be recommending Paul to friends & family!
How does income protection benefit work?
Payable tax-free rate at an amount up to 60%-65% of your gross income.
- You can still maintain your standard of living until you can return to work when you’re feeling better.
- You don’t need to dip into your savings.
You are covered if you’re employed or self-employed.
- The benefit pays out after your current sick pay ends.
- It will then continue to pay out while you’re signed off work by your doctor.
- It will only stop paying out if you reach the end of the cover term or retirement age without occurs first.
Protecting your mortgage and essential bill payments.
- It is important to make sure you have the means to pay your mortgage, utility bills, council tax, and food bills if you are unable to work.
- Protection yourself from falling into arrears, default, severe financial difficulties and by extension protect your credit score.
How many months could you cope and survive with no income?
The average household in the UK has just over ÂŁ6,500 in savings, which would only cover just over 2 months of expenses.
Thereafter they would have to decide what bills to miss, what food to go without and even potentially lose their home due to missing mortgage payments and essential bills
Did you know you could protect your income for the same price on average as buying a cup of coffee per day?
Complete your details below and we’ll be in touch to help you with your enquiry
(Takes less than 30 seconds)
More helpful information about your income protection benefit?
Full-term cover
With a plan that pays you for as long as you need—until you go back to work, retire, or your policy ends. For complete peace of mind that you’d always have money coming in.
Short-term cover
Pays out for a set duration (1, 2 or 5 years).
Cheaper than full-term cover, but bear in mind it stops paying after that time – even if you are still unable to return to work.
The waiting period
It is important to consider the waiting period of any policy you are considering – the longer the waiting period, the more you may be able to save on premiums.
Why wouldn’t you protect your income?
The biggest question to ask yourself is once your sick pay with work ends (which it will after only a few months typically) how would you survive with no income?- If you don’t have a solid answer this type of plan is something you should be considering.
Complete your details below and we’ll be in touch to help you with your enquiry
(Takes less than 30 seconds)
Why choose us
âś… Access to all the top insurers – Comprehensive range of options!
âś… Exclusive rates – not available on the high street special deals!
âś… Insurer relationships – Existing medical issues? We can help!
âś… We structure a completely bespoke protection package to suit your needs!
People claim for a variety of reasons.
Income protection cover offers you a monthly income if you’re unable to work due to sickness, accident or disability and are signed off work by your GP.
Common conditions claimed for include:
Musculoskeletal injuries or conditions: Like broken bones or back pain
Mental health conditions: Like stress, anxiety or depression
Other serious illnesses: Like cancer, heart attack or stroke