Income Protection 

Income protection is designed to help you financially, in the event of an accident or long-term sickness that means you’re unable to keep working.

Selecting an income protection policy on your own terms may mean that your financial situation and lifestyle can continue as normal, even if you’re prevented from working.

Typically, income protection insurance will pay you a monthly, guaranteed income that covers a percentage of your salary.  Terms are flexible, so you can decide how many months will pass before the policy pays (the deferment period), and for how long it will continue to pay (the benefit period).

Varied policy options mean that cover can be made available for you to receive payments until you reach retirement age.

Our friendly team of advisors will work with you, using their expertise to find an income protection policy that is right for your circumstances, cover requirements, and budget.

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What are the options?

There are two options: Long term Permanent health insurance PHI or short term Accident, sickness and unemployment cover ASU. Speak to our experts to see which is right for you.

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Is it worth having?

We would always advise having as much protection in place to cover unexpected events that could result in your inability to earn money.   

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What if I am self-employed?

Let us help to determine if you are eligible for income protection. The amount paid out will be based on your share of the pre tax profits generated in your business.

Let us contact you

Simply complete the details above, and a member of our friendly team will call or email to arrange an appointment.

Important: Your home may be repossessed if you do not keep up repayments on a mortgage or any debt secured upon it. A fee of up to 1% of the mortgage amount may be charged depending on individual circumstances. A typical fee is £495.

What is the next step

Step 1

Life continually moves on and with that comes increased responsibility. Whether you are buying a home or starting a family, it is an exciting time but you must plan ahead now to ensure that if something goes wrong, you and your loved ones are fully protected.    

Step 2

Speak to our friendly team to discuss your needs. Simply book an appointment and we will advise you on the right level of cover. With whole of market access we will ensure you find the right products for your individual needs.

Step 3

Our expert team have a wealth of experience helping individuals and couples plan for their futures. Whether you are considering mortgages, life insurance or income protection we will find the right option for your circumstances protecting you for the future.

Ready to talk to a professional

Important: Your home may be repossessed if you do not keep up repayments on a mortgage or any debt secured upon it. A fee of up to 1% of the mortgage amount may be charged depending on individual circumstances. A typical fee is £495.

If the worst should happen, we’ll make sure you have one less thing to worry about. LET US FIND THE RIGHT OPTION TO PROTECT YOUR FAMILY INCOME

Frequently asked questions

Why would I want to protect my income?

You are extremely valuable and have the capability of earning a lot of income over the term of your career. One aspect that may inhibit the amount you can earn is if you were to suffer from illness and in the instance illness strikes, protecting your income will ensure you are able to meet your financial commitments and provide some quality of lifestyle that the illness will permit. Income protection will pay out a tax-free monthly payment that can either be a pre-determined amount or a proportion of your current earned income amount.

How does income protection work?

In the event that you suffer from illness and are signed off by a doctor from being able to carry out the duties of your job, a monthly payment is made tax-free following a pre-determined deferment period. The deferment period would be agreed at the outset and is designed to fit in with your current circumstances such as existing sickness pay arrangements and how long would you be able to finance a period without the receipt of income.

What factors would impact on the income protection policy I take out?

Existing health conditions and your current income. We will work with you to understand your specific situation and recommend a plan appropriate to you and your needs.

Couldn’t find your answer? Ask a question

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Chambers Financial Services Limited is an Appointed Representative of Quilter Mortgage Planning Limited which is authorised and regulated by the Financial Conduct Authority. Registered in England and Wales No:08201095, Registered Address:Arlington House West Station Business Park, Spital Road, Maldon, England, CM9 6FF We normally charge a fee for mortgage advice, however this will be dependent on your circumstances. Our Typical fee is £499. Click here for more information. Internet Privacy Policy

Important:
Your home may be repossessed if you do not keep up repayments on a mortgage or any debt secured upon it. A fee of up to 1% of the mortgage amount may be charged depending on individual circumstances. A typical fee is £495.

The Financial Conduct Authority do not regulate buy to let mortgages.

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