INCOME PROTECTION

Income protection pays a taxable income benefit if you are unable to work. The monthly cost of the policy gives you tax relief at your marginal rate.

 

There are different types of income protection policies to choose from, depending on your employment type, occupation, cover needs and budget. We help you to identify your most suited policy, as well as to explore income protection features, facts and figures.

 

Income protection pays a taxable income benefit if you are unable to work. The monthly cost of the policy gives you tax relief at your marginal rate.

 

You can insure up to 75% of your income, less any entitlements to social welfare*. Self-employed people and propriety company directors don't have social welfare entitlements for disability so this cover is essential for them.

Aylward Financial Services are able to advise on the appropriate level of cover, taking into account your income needs, your benefit entitlements, and the cost and availability of cover. You may wish to take a combination of serious illness cover and income protection to cover lump sum and income needs. We can advise on the best mix for you.

*Large income restrictions apply.