What if you become disabled or ill and are unable to carry on working as a result?
Would you still be able to cope financially without your income whilst you are off work?
Because we are a fully independent firm we are able to compare quotes from the whole of the market for Smokers Income Protection Insurance.
With our Income Protection Insurance for Smokers you will feel safe in the peace of mind that should this happen then you will be paid a percentage of your income (usually 55% - 65%).
This income can be used to carry on paying your mortgage, loans or any other ongoing payments you may have whilst you are unable to work.
This insurance differs from Accident Insurance in that you policy will start paying out after your statutory sick pay / employers sick pay has ended and will continue to do so until you are fit and able to return to work or until your retirement age (up to a maximum of ten years) dependent upon which one occurs first.
How long you defer your payment to start can have a big impact on the cost of your premiums.
The longer the length of time between you being unable to work and your policy to start paying the cheaper your premiums will be for Income Protection Insurance for Smokers.