Income Protection Options


Income Protection 

This policy is designed to provide an income in the event the insured individual is unable to work due to ill health. The level of premium will depend upon the amount of benefit and term selected and most policies cease to pay the benefit once the insured is able to return to work. Income Protection policies are usually written to retirement age or 60 if earlier.

Accident, Sickness & Unemployment (ASU) 
ASU policies were traditionally sold to accompany mortgages, allowing for a regular income to be paid to the insured should they be unable to work due to ill health, an accident (or lose their job). The product can be split down, and unemployment cover is usually the optional extra available for an additional premium. Benefits are only usually paid for a specified time for example 12 months. It is important to compare ASU and Income Protection closely as one may be more suitable than another. It may also be possible to use the 2 products to work in tandem with each other. 



01379 644568

info@plsfinancial.co.uk

PLS Financial Services Ltd is Authorised and Regulated by the Financial Conduct Authority. Financial Services Register Number 488254.
Registered in England & Wales, Company Number 6664382. Registered Office address: 8 Hopper Way, Diss, Norfolk, IP22 4GT. Trading address: 8 Hopper Way, Diss, Norfolk, IP22 4GT. Telephone: 01379 644568
The guidance and or advice contained within this website is subject to the UK regulatory regime and is therefore primarily targeted to customers in the UK.
© 2017 PLS Financial Services Ltd | Regulatory Information | Login | Cookie Policy