Lifestyle Insurance

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Lifestyle Protection Benefit

You've worked hard to get where you are. But just how secure is your lifestyle? If you can't work due to incapacity due to injury or an illness that results in a loss of earnings, would you be able to cover your monthly living costs?

Although many people think 'It'll never happen to me', illnesses and accidents can happen to anybody. Statutory sick pay is only £92.05 a week for up to 28 weeks*, so unless that's enough for you to live on, you'd soon be drawing on your savings or struggling with the bills.

The good news is, Lifestyle Protection Benefit can give you a safety net as it can pay out a tax-free monthly benefit until you're well enough to get back to work, until your chosen retirement age or the end of the plan, if you do not recover. It could help look after your regular financial commitments such as bills, mortgage and your standard of living.

 

 

 

 

 

* correct as at May 2019