Please note all of the characters in these stories are fictional. However all of the circumstances that have been mentioned in these stories can and have happened in the past.
Protect your income
What would you do without your monthly salary? It’s easy to say ‘it will never happen to me’. But the reality is that a serious accident or illness can happen to anyone, young or old. And it could dramatically affect your earning potential, temporarily or even permanently.
Alternatively, you could be made redundant, and need some funds to tide you over until you find another job.
We can help you safeguard your standard of living in the event that you are unable to work through injury, illness or redundancy. We’ll find you an income protection policy that perfectly matches your lifestyle and enables you to plan your future finances with confidence.
Catherine’s story
Catherine was an adventurous 26–year–old with a bright future. A business graduate, she had a good job with a salary of £30,000, was active in local politics and loved to spend her holidays backpacking to exotic countries.
Looking forward to owning her own home, Catherine began to save a monthly amount from her salary towards a deposit
on a house. She hadn’t done any formal financial planning, assuming this wasn’t necessary until she was a homeowner.
Then the unexpected happened. Catherine suffered a serious stroke, which left the right side of her body paralysed.
Rehabilitation took over a year, during which time she had to learn to speak and walk again.
Catherine’s future without income protection
- Unable to work, Catherine has to live on state benefits, which are not enough to cover her household bills and expenses.
- She is forced to sell her car to pay for medication and transport costs to and from the rehabilitation facility.
- She faces a short–term future of minimal earnings, which means totally reassessing her financial goals.
Catherine’s future with income protection
- Catherine receives a monthly payment to assist her while recuperating from her illness.
- She is able to afford additional, private medical care and physiotherapy to speed her recovery.