If you were unable to carry out your normal occupation for a prolonged period due to an illness or injury, could you continue to meet your financial commitments? Who would pay your mortgage repayments, maintain your personal loans, your medical bills or even your children's school expenses?

Only five life assurance companies in Ireland offer income protection plans and R&L Financial Services deal with all of them. We will help you choose the one that suits your needs best.

We can provide you with all you need to know about individual income protection. We will explain the details of the plan to you in full, provide you with a personalised quote , answer any questions that you may have and organise your policy for you.

Remember:

• If you are self-employed, you are not entitled to state illness benefit.
• If you are employed and single, you will receive only €188 per week from the State if you are out of work due to a certified illness for a maximum of two years.
• If you are employed, you should consider how long you will be paid by your employer if you are absent from work due to ill health. Your HR department will inform you of your entitlements.

Now think about if you no longer had this income, how would you pay for everything? Now think about Income Protection.

Why Protect your Income?

Do you realise that 1 in 6 of Irish workers will be out of work due to sickness or disability for more than 6 months over the course of their working life.

Sick Pay Coverage

• There is no obligation on your employer to provide sick pay
• In the private sector, 85% of employees would be fully dependant on the state benefit after 6 months of absence.
• The public sector offers full pay for 6 months and half pay for 6 months

Social Welfare Benefit

• The State Disability benefit pays just €10,285 per year to an individual
• A typical family with one adult working, one adult dependant and 2 children would qualify for just €19,609
• If you are self employed then you are not entitled to any benefit offers full pay for 6 months and half pay for 6 months
  

 

Important Notice

THIS PLAN DOES NOT COVER REDUNDANCY. THIS IS NOT P.P.I. OR A MORTGAGE REPAYMENT PROTECTOR. IT IS A PROPER REVENUE APPROVED INCOME PROTECTION PLAN WITH TAX RELIEF AVAILABLE ON THE PREMIUMS.

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Call us for advise and quotations on
01 8406696 | 087 123 9724