It is among the most important insurances available today. Income Protection provides financial benefits that can generally replace up to 80% of your income in the event of serious illness or an accidental injury that prevents the policy holder from working. Income Protection Insurance usually provides cover 24/7 for illness and injuries that occur at work or at home. Income Protection Insurance can provide regular payments of ‘income’ until retirement age.
Being ill or injured is difficult enough, without the financial pressure of not being able to earn an income. You can protect your income and maintain your lifestyle. GFP planning will be able to taylor a product that suits your needs and more importantly, within your budget. GFP will be able to provide the information you need to make informed insurance decisions.
BUSINESS OVERHEAD COVER
This cover is a form of income protection that helps pay for business expenses if a business owner is unable to work due to sickness or injury. The benefit will cover the regular fixed operating expenses of a business if self-employed, or an income generating member of a small business.