Be prepared for the unexpected and have a replacement income in the event of injury, illness or disability.
We compare Income Protection Insurance from every provider in Ireland to give you the best price, guaranteed.
Apply Online or Call Us to get a quote now and to get exclusive additional discounts.
You can avail of 20/40% tax back on the premium of your quote.
Tax free payout on diagnosis of up to 40 critical illnesses.
Your type of work can affect your ability to obtain income protection insurance due to the level of risk associated with your occupation. Insurance providers typically assess the risk of potential claims when underwriting income protection policies.
Certain occupations with higher risks of injury or illness may face higher premiums or exclusions from coverage. For example, individuals working in hazardous professions such as construction or firefighting may encounter challenges in securing income protection coverage or may have limitations on the benefits provided.
On the other hand, individuals in low-risk occupations, such as office-based jobs, may find it easier to obtain income protection coverage at more affordable rates.
Additionally, factors such as your health status, lifestyle habits, and past medical history also play a significant role in the underwriting process and can impact your eligibility for income protection insurance.
It’s essential to disclose accurate information about your occupation and health when applying for income protection to ensure that you receive appropriate coverage tailored to your needs. Working with an experienced insurance advisor can help navigate the underwriting process and find the right income protection policy for your specific circumstances.
Income protection is considered an essential protection insurance for several reasons:
Financial Security: Income protection provides a crucial safety net by replacing a portion of your income if you are unable to work due to illness or injury. This ensures that you can continue to meet your financial obligations, such as mortgage or rent payments, utility bills, and daily living expenses, even when you are unable to earn an income.
Peace of Mind: Knowing that you have income protection in place can offer peace of mind, knowing that you and your family are financially protected in the event of unexpected illness or injury. It alleviates concerns about how you will support yourself and your loved ones during periods of incapacity.
Long-Term Support: Income protection policies typically provide benefits for an extended period, ranging from a few years to retirement age, depending on the policy terms. This long-term support ensures that you have ongoing financial assistance until you are able to return to work or reach retirement age.
Tax Benefits: Income protection premiums are tax-deductible in many countries, including Ireland, making it a tax-efficient way to protect your income. This can result in additional financial savings for policyholders.
Flexibility: Income protection policies offer flexibility in terms of coverage options and benefit levels, allowing you to tailor the policy to meet your specific needs and budget. You can choose the waiting period, benefit period, and level of coverage that best suits your circumstances.
Overall, income protection is essential because it provides financial stability, peace of mind, and long-term support during times of illness or injury, ensuring that you can maintain your standard of living and focus on your recovery without worrying about financial hardship.
Here at LowQuotes, we want to ensure that our clients receive the highest standards of service. If you have a passion for connecting with people and aspire to thrive in a culture built on trust, integrity, dedication, and excellence, this could be the perfect fit.Â
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We would like to assure our customers that although this Worldwide Pandemic has struck our Nation hard, we are still here for our new and existing customers. All phone calls and emails will be dealt with accordingly.
In the unfortunate circumstance that a customer contracts COVID-19 and dies, our life policies would pay out in line with our usual claims philosophy.
All Consultations will be held by Phone or Online via Computer/Smart Device to remove face-to-face interactions and keeping in line with social distancing guidelines recommended by the Government.
We at Lowquotes.ie hope you, your family and your loved ones stay safe & healthy in this time.
