The income protection deferred period is important.

Shorter deferred periods mean a higher premium.

But is a longer deferred period a waste of money?

Are you ready for some truth?

You're screwed if you can't work.

And if you have a family who depends on your income, well they're fecked too.

Imagine trying to pay the mortgage, all the bills and live on illness benefit of €200 per week.

Impossible.

That's why protecting your income is the most grown-up thing you can do especially if...

Imagine if you didn't have a PUP.

Now I'm not talking about your four-legged friend.

No siree Bob, I'm talking about the Pandemic Unemployment Payment that many of us are trying to survive on since fecking COVID19 hit.

It's not a lot of money, but it's a lifesaver for thousands of people.

These are unsettling and challenging times, with widespread financial impacts on people who may have lost their jobs or experienced a significant reduction in income.

I’m proud to say that, unlike some other parts of the insurance industry, the life insurance providers want to work with you if you are in this situation to find a suitable solution.

In this article, I look at the solutions on offer from each provider.

But what happens if you can’t work for a long time? Maybe you’re in a car accident or experience depression or fall ill. That magic money machine is about to stop chugging out the good stuff.

It’s why Income Protection is so important.

But if you’re someone who works a job that insurers categorise as risky, you might be facing massive, stonking premiums.
Which might lead you to believe insuring your income is out of reach.

This is where Wage Protector can help.

While being a dentist might not be up there with bomb disposal in the grand scheme of stressful jobs, it’ll come as no surprise to you that Income Protection claims for dentists are on the rise. 

It’s simple: you spend your working day bent over and staring into people’s gobs – which is a divil altogether for back problems. And that’s before we mention rising stress levels and decreasing job satisfaction. 

Put these factors together, and you could end up facing a stint out of work with no money coming in.

And then what happens?

Income Protection, outright, is the best way you can protect yourself from whatever life throws at you.

No messin’, no foosterin’.

It’s the insurance that’s worth its weight in gold because: it covers up to 75 per cent of your salary if you’re unable to work long-term for any reason.