Income Protection
Would you like to make sure that you will not lose your home in the event of an accident or illness that prevents you from working?
Income Protection with Miles Rhodes Ltd serves as a financial safety net by providing a replacement income, allowing you to cover essential expenses such as bills, rent and mortgages.
Call James at Miles Rhodes on 07594 275983 to discuss your individual needs.
Here’s how income protection can help to protect your lifestyle, loved ones and home:
Replacement Income:
Income protection insurance ensures that if you are unable to work due to accident or illness, you will continue to receive a regular income. This can help you maintain your standard of living and cover day-to-day expenses.
Mortgage and Rent Payments:
One of the significant benefits of income protection is its ability to cover mortgage or rent payments. This ensures that you can keep up with housing costs, reducing the risk of losing your property due to financial difficulties resulting from your inability to work.
Bills and Living Expenses:
Income protection provides a source of funds to cover various living expenses, including utility bills, groceries, and other necessities. This helps you maintain financial stability during a challenging period.
Preventing Asset Liquidation:
Without income protection, individuals facing a loss of income due to illness or injury may be forced to liquidate assets or dip into savings to cover expenses. Income protection helps prevent the need to sell assets, preserving your financial stability.
Peace of Mind:
Knowing that you have a financial safety net in place can provide peace of mind. You can focus on your recovery without the added stress of worrying about how to meet your financial obligations.
Customization for Your Needs:
Income protection policies can be customized to suit your specific needs. You can choose the waiting period before benefits kick in, the length of the benefit payment period, and the level of coverage. This flexibility allows you to tailor the policy to your lifestyle and financial situation.
Return-to-Work Support:
Some income protection policies offer support to help you return to work after a period of disability. This may include rehabilitation services, vocational training, or other assistance to ease the transition back to the workforce.
By securing income protection insurance with Miles Rhodes, you take a proactive step toward safeguarding your lifestyle and protecting your home from the financial impact of unexpected events. It provides a crucial layer of financial security, allowing you to focus on recovery without worrying about the potential loss of your property due to an accident or illness.
All Insurance and protection services are provided through Miles Rhodes Limited who are authorised and regulated by the Financial Conduct Authority – FCA No: 744974
Registered in England and Wales – No: 10014463
