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Do you really need to protect your income? 
We naturally protect a lot of things (cars, houses, possessions, pets) but often forget about the most important thing of all that funds the things we love in life Ė and thatís our regular income.

Use this budget planner to make a note of your monthly outgoings.

Mortgage repayment or rent - - - - - - - - - - - £
Household bills (council tax, utility bills) - - - - £
Supermarket bills (food, drink) - - - - - - - - - - £
Telephone (landline, mobile) - - - - - - - - - - - £
TV licence/Satellite/Cable - - - - - - - - - - - - - £
Travelling costs (fuel, MOT, tax) - - - - - - - - £
Insurance (car, home, contents) - - - - - - - - £
Clothing - - - - - - - - - - - - - - - - - - - - - - - - - £
Childcare or school fees - - - - - - - - - - - - - £
Credit cards or loan repayment - - - - - - - - - £
Pension - - - - - - - - - - - - - - - - - - - - - - - - - £
Savings (regular, holiday, rainy day) - - - - - £
Other - - - - - - - - - - - - - - - - - - - - - - - - - - £

The state will help, but could you survive on less than £100 a week?

If the worst happened, many people think they could rely on their savings, their employer or the State, but is it really enough?

Now you know how much your monthly outgoings come to, have a look and see how much you may actually receive from your employer or the state. You might be surprised to find thereís quite a difference:

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Weekly Amount - - - - - - - - - Monthly Amount - -

Employer
Statutory Sick Pay (up to 28 weeks)* - - - - - - - - - - - - - - - - £79.15 - - - - - - - - - - - - - - - £316.16 - - - - -

State
Employment & Support Allowance - - - - - - - - - - - - - - - - - - £91.40** - - - - - - - - - - - - - - £365.60 - - - - -

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
*Your employer may pay more than this under a company sick pay scheme
**Based on a single person aged over 25 in the Work Related Activity Group


So, if the worst happened to you, would it really be enough for you to survive on? How would you make up the difference?

An income protection policy could help give you some peace of mind. Put simply it works when you canít.

It will pay you a monthly income if you canít work because of long term sickness or accident which you can use to pay your bills and living expenses until you recover and are ready to go back to work.

These types of policies have no cash in value at any time. If you stop paying your premiums your cover may stop.

To find out more and to get a no obligation quote please contact us .


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