Permanent Job Income Protection
< 75% of Earned Replacement Income Protected!
Just in case you have to take a period of time out of work due to illness or injury. The policy would pay you a monthly income so you are able to keep up with all your essential monthly outgoings, such as your mortgage payments and food costs.
Payments on your plan are eligible for income tax relief at your marginal rate of tax. However, if you do claim on this plan, your incapacity benefit will be treated as normal income and so is assessed for income tax, PRSI and the Universal Social Charge.
Permanent Job Serious Illness Cover
4 x more likely to suffer a serious illness than die before age 65!
Many types of protection available and should your circumstances suddenly change; if you became seriously ill and could not earn a living, would this pose a financial burden on those closest to you?
This is not a nice question to consider, however a vital one.
Cost depends on your age, health, the term, and the amount of cover you choose.
A Comprehensive Serious Illness Cover offers:
- Pay out the full lump sum for 45 illnesses.
- An additional payment of €15,000 for 23 milder but still life altering illnesses.