Archive for the 'Income Protection' category

Joint income protection cover - is it possible?

August 20, 2015 | Posted under: Income Protection

Is it possible to have joint income protection cover? Things coming in twos have been pretty big business since the days of the Bible – as dramatically demonstrated by both Adam and Eve and then Noah – and ever since two, rather than three, has been universally recognized as the magic number. That’s right, many of the best things have habitually come in twos down the years, from Marks and Spencer, Richard and Judy and Eric and Ernie through to Abercrombie and Fitch, Wallace and…

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Is income protection insurance a benefit in kind?

August 20, 2015 | Posted under: Income Protection

Is income protection insurance a benefit in kind if paid by an employer? If you’re lucky you may receive various perks from your employer, which has been a long-accepted practice and routinely sees staff bag various benefits including company cars, private medical insurance policies, clothes allowances, elements of childcare, public transport passes, relocation packages, discounted gym membership and subsidised loans. Of course there are some well-documented companies out there who take employee…

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Top income protection insurance myths debunked

August 18, 2015 | Posted under: Income Protection

Top income protection insurance myths debunked We like debunking insurance myths, and let’s face it, we’ve had a lot of practice over the years, convincing would-be policyholders that most of the tittle tattle they read or hear is just that; piffle. Having said that it’s often difficult to right wrongs and alter people’s deep-seated beliefs after a while, but we make a habit of persevering on this front in a bid to deliver the truth and nothing but the truth with unsolicited…

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Can I claim on income protection if I have depression?

August 17, 2015 | Posted under: Income Protection

Can I claim on income protection if I have depression? With research that shows that 1 in 4 of us in the UK will suffer from a mental health condition at some juncture in our lives it’s then hardly surprising to learn that depression affects thousands of people in the UK every year, and thousands more indirectly who help those diagnosed and who suffer with the various forms of this often debilitating condition come to terms and successfully manage it on a regular basis. Perpetually misunderstood…

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Does income protection insurance cover maternity leave?

August 11, 2015 | Posted under: Income Protection

Does income protection insurance cover maternity leave? It’s arguably meant to be one of the most joyous and harmonious times of your life. For the expectant mother, for obvious reasons which don’t need spelling out, and for the father, to witness the (soon to be two – or maybe even three or more) most important people in his life, intimately involved in the amazing gift of life. That’s right, we’re referring to pregnancy; or rather birth and the days and weeks which…

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Is income protection insurance benefit taxable?

August 6, 2015 | Posted under: Income Protection

Is income protection insurance benefit taxable? We’re all used to being taxed to the hilt. Amongst the most hated taxes we have to stump up for here in the UK are the dreaded (but largely unavoidable) stamp duty, inheritance tax, council tax, income tax and VAT. Essentially we’re taxed today pretty much every time we breathe, eat, sleep or indulge in the things which routinely happen in between. Why, we’re even taxed when we shuffle off this mortal coil, as many a famous end-of-pier…

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Self-employed income protection

July 27, 2015 | Posted under: Income Protection

Can I get income protection insurance if I’m self-employed? Choosing to go it alone and make the leap of faith to become self-employed brings with it a series of pros and cons. The pros being slightly more obvious (freedom to plan your own day, no boss to answer to, greater control, flexible working hours, etc...) than the cons (learning to self-discipline/motivate yourself, the isolation, removal of any safety net, nobody to pass the buck on to, it still feels like work, etc...) And then of…

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What are the different types of income protection insurance?

June 16, 2015 | Posted under: Income Protection

What are the different types of income protection insurance? There are seemingly almost as many different types of income protection as there are genres and sub-models of cars these days. Or at least, it might seem that way depending on the terminology frequented by individual income protection insurance providers – as they leave many of us more than a little confused. We still often see income protection being referred to in certain quarters as ‘permanent health insurance’ and…

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How to save money on income protection

June 12, 2015 | Posted under: Income Protection

10 top tips to help save you money on income protection insurance Like all insurance products, it’s possible to save money on income protection insurance if you know how. Along with our detailed income protection buying guide, we’ve also laid out Bob’s top 10 tips on how to save money on income protection insurance below – giving you all the inside information you need to make an informed choice on the right policy for you. Before we get into Bob’s tips, though, let’s…

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What is income protection insurance?

May 20, 2015 | Posted under: Income Protection

What is income protection insurance? Albeit given a fresh lease of life under the new name of long-term Income Protection Insurance, IP is what was once referred to as PH. Or rather, Permanent Health Insurance. Acronyms aside, it’s very much a case of out with the old and in with the new, as the insurance industry has long held the opinion that this arm of the business needed a shot in the, well, arm. Hence ushering in the dawn of the newly energised Income Protection Insurance scheme, which…

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