Income Protection

Get paid if you can’t work due to an injury or illness. An income protection cover is important for employed & self-employed people because when the income stops due to an accidental or sickness, the savings start getting used up. One phrase we use for customers for after an accident or sickness:

“When does your income stop? Tomorrow. When do your bills stop? Never”

People under estimate the impact of taking one income away and just surviving off the one income. 

Most insurers will insurer 50-60% of the income per individual. This is to encourage the injured or sick to go back to work and continue their work life. Making sure you get a good strong policy is really important, you can get cheaper policies out their but they can include exclusions or offer less cover for certain conditions.

Things to include:

  • Fracture cover – if you break a bone, you can get paid for it so you don’t need to eat in to your savings from day 1.
  • Children’s cover – If your child has a critical illness, some providers will pay out a lump sum so you can take care of them
  • Benefits included with the policy is important for your family.

Xact Mortgages Limited is an Appointed Representative of PRIMIS Mortgage Network, a trading name of First Complete Limited which is authorised and regulated by the Financial Conduct Authority

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Xact sorted out our mortgage, protection and home insurance and I have not had to worry about one of them being done correctly. All sorted and no hassle from me or my wife.

Henry (Coventry)

Mike was amazing in sorting out our dream home. From start to finish he really cared for us and made sure our needs were fulfilled

Sarah (Warwick)

Xact were amazing from start to finish. Great service, would recommend to anyone

John (Coventry)