Income Protection

Secure Your Income, Secure Your Future

Income protection insurance provides financial support if you're unable to work due to illness or injury. This type of insurance ensures that you can maintain your standard of living and meet your financial obligations, even when you're unable to earn an income. At Trusted Tree Mortgages, we offer a range of income protection options tailored to meet your specific needs and ensure your financial stability.

Why Choose Us?

Expert Guidance: Our experienced insurance advisors will help you navigate the complexities of income protection insurance, ensuring you find the best policy for your needs.

Personalized Solutions: We offer customized income protection options that cater to your specific circumstances and financial goals.

Competitive Rates: We work with a wide range of insurers to provide you with competitive premiums and comprehensive coverage.

Transparent Process: We believe in transparency and honesty. You'll always know exactly what to expect at each stage of the insurance process.

What is Income Protection Insurance?

Income protection insurance provides a regular income if you're unable to work due to illness or injury.

This coverage can help pay for essential expenses such as:

Mortgage Payments: Ensuring your home remains secure.

Living Expenses: Covering household bills, groceries, and other daily costs.

Loan Repayments: Helping you stay on top of any debts or loans.

Types of Income Protection Insurance

Short-Term Income Protection: Provides coverage for a limited period, typically up to one or two years. This can be ideal for temporary illnesses or injuries.

Benefits: Lower premiums, suitable for short-term needs.
Considerations: Limited coverage period, may not cover long-term conditions.

Long-Term Income Protection: Offers coverage until you retire, recover, or the policy term ends. This is ideal for serious illnesses or injuries that prevent you from working for an extended period.

Benefits: Comprehensive coverage, financial stability for long-term conditions.
Considerations: Higher premiums, longer waiting periods.

Accident, Sickness, and Unemployment (ASU) Cover: Provides coverage if you're unable to work due to an accident, illness, or involuntary unemployment. This type of policy offers broader protection.

Benefits: Covers a range of scenarios, flexible coverage options.
Considerations: Higher premiums, specific eligibility criteria.

How Income Protection Insurance Works

Apply for Coverage: Provide personal and financial details when applying for a policy. Compare insurers, policies, and quotes to find the best option

Choose Your Coverage: Decide how much cover you need and whether you want a lump sum or regular payments. Read the terms and conditions carefully.

File a Claim: If you're unable to work, contact your insurer to file a claim. Provide necessary evidence, such as a doctor's note

Receive Payments: Once your claim is approved, you'll receive regular payments to help cover your expenses.

Income Protection Insurance and Mortgages

Income protection insurance can play a vital role in securing your mortgage and protecting your home. Here’s how:

Mortgage Payments: The regular income from your policy can help cover your mortgage payments, ensuring your home remains secure during your recovery

Benefits: Financial support during illness or injury, helps maintain mortgage payments.
Considerations: Limited to specified conditions, premiums can vary.

Financial Stability: By covering essential expenses, income protection insurance helps maintain your overall financial stability, reducing stress and allowing you to focus on recovery

How to Get Started

Initial Consultation: Schedule a free consultation with one of our insurance advisors. We'll discuss your financial situation, coverage needs, and the best income protection options for you.

What to Expect: Personalized advice, detailed explanation of coverage options, answers to your questions.

Policy Selection: Choose the income protection policy that best fits your needs. We'll help you understand the terms and conditions, ensuring you make an informed decision.

Benefits: Tailored coverage, clear understanding of policy details.

Application Process: Once you've selected your policy, we'll guide you through the application process, ensuring all paperwork is completed accurately and efficiently.

Steps: Submit necessary documents, undergo any required medical exams, receive approval.

Policy Activation: After your application is approved, your income protection insurance policy will be activated, providing peace of mind and financial security for your loved ones.