independent insurance for career people
Permanent Health Insurance
Why am I unable to insure 100% of my income if I fall ill?
We are all likely to have to take time off work because of illness but we know that we need to return before our employer stops paying sick pay to ensure we can keep paying our bills. If you knew you would receive full sick pay indefinitely would you really want to return to work? Probably not! In addition the proceeds of PHI policies are paid tax free. Therefore, insurance companies set a limit on what percentage of your income they will insure you for to ensure that you are not better off financially by claiming and as an incentive for you to return to work.
For further information on options for covering your income you need look no further than the advice of the trained advisors at Daai Financial Independent Tailoring. Our staff are salaried, not paid commission on the products that they sell, meaning we are able to offer you a whole of market service that is truly independent.
We will search the UK market for Permanent Health Insurance cover on your behalf to try to save you time, money and the most suitable product for your circumstances.
Our Permanent Health policy comparison service is free (unless you opt to pay a fee for our advice). Click now to compare permanent health insurance policies by completing our short online quote form.
Daai Insurance Services Limited is authorised and regulated by the Financial Services Authority. This can be checked on the FSA Register by visiting its web site at www.fsa.gov.uk/register.
Daai Insurance Services Limited. Company No: 856706 registered in England at Shurdington Road, Cheltenham Spa, Gloucestershire GL51 4UE.