This is an insurance policy that pays out if you are unable to work due to injury or illness. The amount of income you are allowed to claim will not replace the exact amount of money you were earning before you had to stop working. You will expect to receive about 70% of your earnings before tax from your normal job. This is because some money will be taken off for the state benefits you claim, and also the income you get from the policy is tax-free.
This is a short-term income protection policy providing cover up to 12 months should you be unable to work due to involuntary redundancy. Some policies are able to provide longer cover.
Personal Accident Cover
Accident protection is a multi-claim, multi-layer benefit specifically designed to complement other protection plans by filling the gaps. Acceptance is guaranteed for most occupations between the ages of 18 -59. The cover ends when you're 65. There are no health or medical questions. From £7 a month this cover includes UK hospitalisation cover, funeral benefit, and immediate cover for most occupations.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
Fees and charges vary depending on the services we provide. Typical fee for mortgage advice is £500.
WPJ Mortgages & Financial Services is a trading style of William Jeffrey, who is an appointed representative of The Right Mortgage Limited,
which is authorised and regulated by the Financial Conduct Authority.
Contact us to find out more about personal protection and life insurance
in Aberdeen & Surrounding Areas.
01224 279672 or 07889 692222