Income protection
Income protection is a type of life insurance policy that pays out if you're injured or unwell, resulting in you needing time off work.
It pays out a percentage of your usual income to help replace lost earnings, this is usually up to 70%.
You’ll receive monthly (tax-free) instalments to help cover monthly costs whilst you can't work (for example, bills, food shops, rent).
Taking out a policy through a broker, like Reassured Advice, can help you secure your best deal.
Critical illness cover
When arranging term life insurance with Reassured, it's possible to include critical illness cover too.
Whilst this will increase the cost of your premiums, it does mean that if you're diagnosed with a serious illness (e.g. cancer, stroke, MS) you could make a claim on your policy for an early pay out.
The pay out could then be used to make any necessary adaptations to your home, fund a carer or simply replace an income if you were no longer able to work.
Adding critical illness cover to your term life insurance, however, does mean that if you make a claim, your life cover is no longer valid.
To arrange critical illness cover with life insurance, contact Reassured today.
Terminal illness cover
All over 40 term life insurance policies provided through Reassured come with terminal illness cover as standard at no extra cost.
This means that if you're diagnosed with a terminal illness and are predicted to live less than 12 months, you can make an early claim.
The pay out can then be used to help fund whatever you like. For example, private medical treatment, make financial provisions for the future or simply enjoy with your loved ones.