Protecting Income and Mortgage Payments

Would you be able to cope financially if your income stopped tomorrow due to an unexpected health event? What is your plan?

Protecting Income and Mortgage Payments

shutterstock 225199843Mortgages and other large financial obligations could become difficult to manage if your income was negatively impacted in one way or another. There are a number of Personal Insurance options available, however, which can help make sure your repayments will be met if circumstances were to change.

If, for example, you became ill for a length of time and unable to work Income Protection cover would help protect your earning power. These policies can help with a number of costs and obligations; as well as helping to get you rehabilitated and back to work as efficiently as possible. In cases of disability or ongoing illness there are also other options which may help "top up" your income in order to help meet current obligations.

Protecting your income and financial debt is an effective way to ensure future security and stability is maintained, even if the unexpected were to occur and your income was affected.

 Do you think you require this protection? Click on the below link to complete our self-assessment: