Income protection describes a type of insurance plan that is designed to provide financial safeguards in the event that your regular income is impacted in some way. This could occur due to injury, sickness or other circumstance that prevents an individual from working. Income protection will ensure that a proportion of the policyholder’s income is preserved, typically for the expected duration of their working life.
Pareto can Help Find the Right Income Protection Policy for You
- Our dedicated income protection specialists can track down the right type of policy to suit your particular needs.
- Pareto’s independent status means we are very well positioned to obtain competitive premiums for income protection cover, as well as handle any claims if and when they occur.
We take a range of factors into account when assessing the suitability of a policy
- Statistics on payouts
- The underwriting policy of the insurer
- The financial status and reliability of the provider
- Standard exclusions
- Indexation Options