INCOME PROTECTION or Permanent Health Insurance :
Income protection provides you with an Income in the event of you being unable to work due to Illness or Accident - normally up to your chosen retirement date. There are different levels of cover you can apply for but you can essentially both protect your salary and any payments you are making into a pension plan.
Premiums paid will qualify for tax relief.
Redundancy Cover protects you and your family should you receive compulsory redundancy.
Covers Mortgage Repayments.
Retirement Planning and Pension Planning
It is a simple fact that people are living longer and therefore need to put in place funding that will enable them enjoy retirement comfortably. Various tax reliefs help relieve pressure on the monthly, annual household/company outgoings.