If illness or injury stops you working, income protection can help replace your earnings. Stay financially secure and keep up with essential bills while you recover.
Many people assume sick pay will cover them, but statutory sick pay may not be enough to cover mortgage payments, rent, and household costs. Our income protection insurance provides income if you’re unable to work due to illness or injury.
This can be especially important if you’re self-employed, a contractor, or the main earner in your household. For example, if you were off work for several months due to back problems or stress-related illness, this cover could help maintain your financial stability.
Income Protection Insurance is designed to replace your income if you’re unable to work due to illness or injury. It ensures that, even during difficult times, you can still meet your financial obligations. Whether you’re a contractor, freelancer, or employee, we’ll help you select the right policy to suit your needs.
We provide personalised advice based on your income, job security, and financial commitments. Our goal is to help you maintain financial stability if you’re unable to work.
Income Protection helps replace a portion of your income if you become ill or injured and cannot work. The benefit is paid out to cover your monthly living expenses until you recover or reach retirement age.
The cost of Income Protection depends on factors such as your age, occupation, health, and the level of coverage you choose. Our experts can help you find the most cost-effective solution that meets your needs.
Yes, self-employed individuals can benefit from Income Protection Insurance. There are policies available that cater specifically to freelancers, contractors, and business owners.
Once your claim is approved, payments usually start after your agreed waiting period. This period can range from a few weeks to months depending on your policy. BM14 Finance will guide you through the process.
Yes, most policies allow you to review and adjust your cover as your circumstances change. Whether your income, job, or family situation changes, we can help ensure your cover stays suitable.
