An income protection policy is a simple, tax efficient and an inexpensive plan. It provides you with a source of income if you are unable to work because of an illness or suffer a loss of earnings as a result of any injury, disability or accident.
Income protection is generally a regular monthly payment that pays a percentage of your income while you are unable to work, and is based on your earnings prior to claim. Income protection over continues until age 65 or you return to work.
Here at GMC Mortgages, we have a range of financial protection solutions to suit everyone, offering lots of information to help you make the right decision on your income protection plan. If you’ve got questions about our insurance and protection products, please contact one of our team today.
through the mortgage process.
to a lower mortgage interest rate.
companies and pensions.