oasis insurance - life insurance specialists
Income Protection
What is Income Protection Insurance?
DID YOU KNOW?
Income Protection Insurance can pay you up to 70% of your pre-tax income while you take time off to recover
Protection you can trust
Value
for money
Expert
guidance
Advance
Payment Option
Flexibility
and Control
What do I need to know?
Income Protection Insurance is provided according to a variety of preferences you select from a range of options. Our Advisers can help you choose the best policy to suit your needs.
Waiting Periods
Can vary from 2 weeks to 2 years. Whilst the shorter period may appear more attractive, it is often considerably more expensive. If you can afford to wait and rely on sick/annual leave or savings to see you through, a longer wait period means a cheaper premium that may be more suited to your budget.
Benefit Periods
Choosing how long you need the monthly payments to last can be difficult. The longer they last, the more expensive the policy. It’s hard to know how long recovery might take, so it may help to think about what amount you need to meet a suitable percentage of your monthly commitments to see you through.