If illness or injury stops your income, we cover you up to 75% — protect your lifestyle today.

Do I really need income protection? 

 

 

 

Income protection insurance is a type of coverage that provides a replacement salary should you become unable to work due to any illness, injury, or disability. This income is effectively provided monthly by the insurance company.

When you think about it, it is your monthly income that pays for everything and average household bills and expenses in Ireland typically come to €40,000 annually. This includes mortgage & car repayments, rent, food and grocery, utility, and Education or even leisure costs etc.

The average claim in Ireland lasts up to 6 years and without income protection insurance, that could see a family scrambling to cover up to €250k in bills and expenses over that period.

With the adequate protection in place at least a policy holder can concentrate on getting better and addressing the underlying health issue that prevents them from earning income, as opposed to also being burdened by a financial crisis.