Protection - Income Protection (PHI)

Income Protection or Permanent Health Insurance is used to fund a portion of lost income if you are unable to work due to illness or injury. The maximum amount allowed to fund for is 75% of your salary, less state benefits if you are eligible. There is a minimum period for which you must be out of work, which is known as the deferral period. This can range from 4 to 13 weeks depending on provider. Occupation, deferral period, benefits and costs can impact on options and vary greatly between providers so having the proper discussion to explore the full range of options is vital.




David at Kinsella Financial has been a great help to me at a time in my life when I am trying to get my business off the ground. I have every confidence in him that he will find the right products to suit both me personally and my business.

Gary Cobbe - Irish Polymer Extrusions Ltd, Mountmellick, Co Laois.
October 2016