I am here to tell you a bit about income protection and how you can protect you and your family in the years ahead. Do not leave yourself open to losing it all put income protection in place. These days we are all a bit more aware of how easily one can lose everything in a very short period of time. Income protection is one way that you can protect yourself from loss of income in the future. You work hard to keep your family happy and secure. Every month you have a list of outgoings you probably do not give much thought to. But imagine if you became ill and had to stop working.

Employers are not obliged to pay for extended sick leave, so unless you have a large nest-egg set aside, you could really struggle. Bills would be harder to pay, and with less money for the mortgage, it could mean putting your home and families security at risk which would add to the pressure when something goes wrong. It may take years to save enough to build up a decent nest egg. However if you lost your job one can spend their next egg in a very short period of time which why it is very important to take action now and protect yourself in the future.

There is a simple prescription cialis generic solution however, it is called Income Protector. An income protection policy is an inexpensive & tax efficient plan that provides you with an alternate source of income if you are unfortunate enough to be out of work because of an illness or injury. Regardless of what happens to you, you will still have financial support, giving you time to focus on getting back on your feet. To put it simply, if the worst were to happen, income protection insurance could provide peace of mind that you will have a replacement income to cope with your everyday expenses.

If you think about it, almost everything depends on your ability to earn an income. Therefore, if you were unable to work for a prolonged period due to an illness or injury, could you continue to meet your monthly commitments? Who would pay your mortgage repayments; maintain your personal loans, your medical bills? Income protection is a way that you can shield you family from any future risks. This is especially true if are self employed, as very often if you have to stop working you stop earning almost immediately. It may surprise you how inexpensive income protection can be, see below for further information.

If you do not know how you would cope in these circumstances, then you should start an income protection plan TODAY.

oIf you are self-employed, you will have no income to maintain your standard of living if you are unable to work long term!

oIf you are employed and single, you will receive only EUR197 per week from the State if you are out of work long term.

oIf you are employed, you should consider that most companies would only pay you for a set number of weeks once you become ill.

This site will provide you with all you need to know about individual income protection and how it can help you. We will explain the details of the plan to you in full, provide you with a specific quote, answer any questions that you may have and organise your policy for you.

Author Bio: This article was written by Fergal Tully of Zinc Financials promoting income protection, if you would like to find out more you can go to our dedicated income protection web site.

Category: Finances
Keywords: income protection, income protection insurance, income protection cover, income protection policy,