Protection
GP feels an important matter in dealing with your finances is that we want to
protect you from any risks that could arise to you or your family in the future.
Income protection insurance is taken out in the event that you loose your income
due to unemployment, illness or an accident.
Many people of working age have been off work for a period of more than six months
due to these factors. The issue of income protection insurance also known as
‘Payment Protection’ or ‘Accident Sickness and Unemployment cover’ has never been
more important.
As an example if you were unable to work for 30 consecutive days or more you may
be entitled to a claim depending on the terms and conditions of your policy. When
you take out the policy you will be able to choose the length of time you want it
to be covered for. Most policies are continuous and so payments will continue until
you decide you no longer require cover.
The next step is to talk to a financial adviser so we can quantify the cost of
protection versus the risk before you take any action. We also research the whole
of the market to ensure the best deals to suit you. Whatever type of insurance you
are looking for it’s crucial you get the best policy to suit both your budget and
your needs.
Please click on the gpfs link for our contact details: