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Income Protection  - Affordable Tax Efficient Premiums

You choose the level of benefit and the various options you want to include and we calculate your premium payment based on that information and of course your health. And because your premiums qualify for tax relief at up to 41%, you could save hundreds every year on premiums.

The following example gives you an indication as to how income protection is calculated:

Example

Jack, a 40 year old accountant earns €85,000 per annum. He has chosen to protect 50% of his salary (€42,000 p.a.) until his retirement at 65. He selects a six month waiting time and chooses to index link his premiums.

Benefit amount: €42,500 p.a.

Gross premium: €108.46 per month

Jack pays: €63.99 per month (after tax relief)

Choose the plan that suits you

  • Amount of salary to cover
  • Deferred periods (i.e. When you claim payments start, after 3 months, after 6 months etc)
  • Type of Premium that suits your financial circumstance best (guaranteed or reviewable)
  • Age at which your plan ends

 Meet our Financial Services Team to learn more about income protection or contact us now for a free consultation.

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    Summary of Irish Budget 2010

    Professional Insurance Brokers Association