Did you know that according to the Money Advice Service one in three of us have experienced a shock to our finances in the past five years and Cover Magazine reported that 2.2 million people of working age will be off work for at least 6 months due to ill health. That's not to mention the fact that each year 300,000 people fall out of work and into the welfare system due to health related issues.
Unfortunately it’s impossible to prevent bad things happening to us but when the unexpected does happen, one thing you can do is to make sure that your income is protected.
As a limited company contractor you can protect up to 60% of your total annually earned income including dividends against any illness, injury or disablement which prevents you from continuing your own occupation.
The cover can commence following one, two or three months of continuous illness for periods of 2 years, 5 years or continually to retirement age.
If you were to suffer a serious injury or illness that prevented you from working, the last thing you should worry about is how you’re going to pay your bills. This is why at Haven we believe that income protection insurance should be the first direct debit payment on your statement because should you unfortunately fall ill or suffer an injury this payment will take care of all the others .
For more information on how Haven can help please contact Steve Ashurst at Haven Global Strategies Ltd for a quotation on 0161 923 0009 / 07977 251721 or via email at steve@haven gsl.com.