How would you and your family cope financially if you were unable to work for an extended period due to sickness or an accident? You may receive some sick pay from your employer for a while but how long would that continue and how would you go on paying the regular household bills that would still be arriving each month? The problem may well be even greater if you are self-employed as any extended absence could have a significant impact on your earnings.
You could receive up to 60% of your normal income
The Shepherds Income Protection Plan lets you cover yourself against an extended period away from work by ensuring that you receive up to 60% of your normal monthly income during an absence caused by sickness or an accident.After all illness of this nature can happen to anyone at any time, so taking out cover really does make sense. Premiums to take out a plan can start from as little as £10 a month and are based on the level of benefit you think you'll need and the length of waiting period you choose before benefits start to be paid; this can be up to 52 weeks if you wish.
A flexible plan designed to suit you
The Shepherds Income Protection Plan is highly flexible, allowing you to increase or decrease your premiums and level of benefit to suit your circumstances.You can change your waiting period or your chosen retirement age if required and the plan also includes the option of covering against any loss of income if your child is ill for any significant period. An added benefit is the potential for a TAX-FREE lump sum to look forward to when you retire; so give yourself some peace of mind today by taking out a Shepherds Income Protectiuon Plan to cover for any possible reduction in your valuable family income.