Income Protection is essential insurance in protecting against loss of income for both employed and self-employed policy owners. This type of insurance benefits up to 60-65% of your annual income if you cannot work due to an accident or sickness. In addition, with deferral periods starting as early as one week of being unable to perform the requirements in your particular occupation or all occupations, you can provide yourself and your family peace of mind knowing that your income will not disappear. It is imperative for those who are both the primary earner in their family.

 Income Protection is something that customers may opt for when taking a mortgage; when coupled with life and critical illness insurance, it can provide coverage from all angles to ensure that your life, health, and income are protected if the unexpected were to happen.

At Soul Mortgages, we can provide you with advice and guidance on the most suitable plan for you, including the comparisons between providers. As you know, your circumstances change every several years; therefore, this should be a consideration each time you review your affairs.