Income protection

Keeping you afloat
when life isn’t so buoyant

Health is a pillar you must take care of throughout life. Life can be uncertain, and we are glad to help you be ready for any turn there is. Many events can happen that can hinder the plan you have set for your work life, and we want to help you plan for a regular income.  

Here at Globacare, we are happy to offer you a range of income protection insurance options for your different challenging circumstances.   

Globacare’s income protection insurance options are the best you might find to help you maintain your lifestyle. To find out more about our income protection insurance services, get in touch with us today by calling us at 01202 929 349. Alternatively, you can fill our contact form to get a quote. Finally, you can email us at info@globacare.co.uk, and our team will get back to you as soon as possible. 

Here at Globacare, we take pride in being the premier insurance broker, offering access to a wide array of insurance options, including income protection insurance cover. In addition, we are proud to be the number one broker for private medical insurance based in Bournemouth. 

We recognise that illness and accidents may suddenly alter the work plan you have set for yourself, whether short term or long term. These circumstances can weigh heavy. We would like you to help prepare for such situations in the future.  

Income protection insurance covers you when you genuinely need help, whether an illness, injury, or accident leaves you unable to work. Here at Globacare, we are committed to being the best broker in town, providing you with top income protection insurance that aims to: 

Keep you afloat when life is not buoyant

Cover your outgoings when you are unable to work

Help you pay your bills and maintain your lifestyle

Our team at Globacare have a great network and access to the most prominent insurance providers here in the United Kingdom. We understand that comprehensive cover is needed. We recognise that you should not pay a fortune for income protection insurance. We aim to improve the scope of your benefits.  

Income protection

What Is Income Protection Insurance?

Income protection insurance might sound familiar, but do not be worried if you do not know what it means. Income protection refers to a group of insurance policies that ensure you can fulfil your financial obligations if you cannot work for an extended period.  

If you cannot work because of sickness or an accident, income protection insurance will ensure you have a regular income, whether you are self-employed or employed. Globacare wants to keep you afloat when life isn’t so buoyant.  

It is essential to think about how to pay bills and stay afloat if sickness, redundancy or injury affects you or your partner leaving one of you unable to work. Such thinking is needed to cover caring for your children and financial commitments such as rent and bills.  

If you are unable to work due to an accident, illness, or even the loss of your job due to no fault of your own, income protection insurance provides you with a set amount of money each month. You can use these funds to pay off your debts, bills, and other living expenses. People who work in dangerous occupations and want to ensure that their mortgage is always covered may consider income protection as well.  

However, you should know that income protection insurance only covers occurrences out of your control. For example, you are considerably less likely to be protected if you are dismissed from your job.  

How Does Income Protection Insurance Work?

Now that you have a general idea of what income protection insurance is and how it might help you, we will explain how income protection works for you. Income protection insurance offers you regular payments that replace part of your income if you cannot work due to illness or an accident. This income is typically between 50% and 65% of your original income.  

Depending on the type of policy and its definition of incapacity, income protection insurance also covers most illnesses that leave you unable to work, whether short term or long term.  

You can claim income protection insurance as many times as you need it while your policy lasts. In addition, income protection insurance has regular payments, while critical illness insurance pays out a one-off lump sum.  

What Are the Types of Income Protection?

As discussed above, income protection insurance is not a “one-size-fits-all” affair. There are three main types of income protection insurance that you can read about and choose from:  

Accident, sickness and unemployment insurance protects you from unemployment when you lose a job through no fault of your own, such as if you fall ill or have a serious accident. ASU offers you up to 50% of your regular salary each month for a year or more.  

Payment protection insurance is where your insurer makes up part of your repayments on your loans for two years. It covers your monthly debt repayments on loans, mortgages and credit cards if you are unable to work. In addition, it covers illness, accidents, and redundancy. 

Mortgage payment protection insurance ensures your mortgage is covered if you cannot work for around one year. In addition, if you fall ill or have an accident, mortgage payment protection insurance covers the cost of your mortgage repayments for up to 12 months.  

Here at Globacare, we are ready to help you find the right insurance plan for you. We will give you the best recommendations based on your health and financial needs. So, get in touch with us today. 

Why Come to Globacare for Income Protection Cover? 

Here at Globacare, we are proud to be the leading broker for life insurance, medical insurance, and international health insurance. We are happy to help those in need of insurance here from our office in Bournemouth. Globacare is one of the best insurance brokers with the best rates in the UK. 

We are happy to use our professional knowledge of the insurance market to help match our clients with policies perfectly tailored to their needs. We recognise that this line of work might not be the clearest, which is why we are happy to give a clear and concise explanation of our services. You may rest assured we are here to help.  

We are also proud to be fully authorised and regulated by the Financial Conduct Authority (FCA) as a recognised insurance intermediary company. Our clients’ needs are our top priority, and we pay due regard to their interests and treat them fairly. We abide by all the principles for business as well as the FCA. We take our responsibility to our customers very seriously.  

Our professional advisors provide the best advice to customers and excellent services and solutions to their income plan requirements. We offer the most outstanding policies from a set of leading insurers to present you with options that fit your situation perfectly. Your needs come first.  

Contact Us Today 

We are confident that you will find the perfect insurance plan for you with the help of Globacare. We are proud to be the premier broker for private insurance. Now that you have learned more about income protection, we are sure you have a better understanding of what it is and whether you need it. So if you would like to cover your future and keep your finances protected no matter the circumstances, contact Globacare.  

At Globacare, we are glad to offer you our trusted services from our offices in Bournemouth. We seek to provide you with the best plans to maintain your finances and lifestyle in the event of any accidents or illnesses that leave you unable to work. If you would like to learn more about our services, please call 01202 929 349, complete our contact form or write us an email at info@globacare.co.uk.  

Contact Us

CONTACT INFORMATION

The Old Fire House
520-524 Wimborne Road
Bournemouth
BH9 2EX


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