22.05.2012

Why do i need income Protection?

Why do i need income Protection?

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You may regard your house or car as your most valuable asset, but it's easy to forget about the most important asset of all - you and your ability to support yourself & your family financially. Serious illness and accidents can happen at any time resulting in weeks or even months off work. During this time your employer may only pay you a regular income for a short period of time or if you are self-employed, time off work could cause an immediate loss of income and possibly a loss of key business contacts. With MetLife's Income Protection you can help to protect youself against the above risk and benefit from a regular income if you are unable to work due to accident or sickness. We understand that our customers have different needs, so to give you maximum flexibilty, Income protection cover is sold in 'units' with each unit providing cover of £100 per month. We offer a choice of benefit length of 1 or 2 years and you can select Day One Cover or 8 Week Deffered Cover. You can select up to 50 units of cover, that's £5,000 per month, or maximum of 50% of your gross monthly income - whichever is less. The more units you opt for, the more Income Protection you will recieve. Should your situation change, you can simply reduce your premium at any time by reducing the level of cover. Policy features You are covered 24 hours a day, 365 days a year wherever you might be in the world whilst you are a resisdent in the UK. (Claim requests must be made from the UK) We offer Income Protection starting from as little as £5 per month. Payments are tax free. Reviewable policy - every 5 years. Loyalty discount applies every 5 years. Premium refund - your premium payments are refunded back to you for periods that you are out of work and we are making claim payments to you.

Metlife is the largest life insurance company in the world with over 90 miliion customers in 61 countries.

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