Income protection
Ensure you have a regular income if you’re unable to work due to an accident or illness
At Burlington Financial, we believe that financial planning is not a one-size-fits-all process.
Everyone’s life and financial situation is unique, shaped by distinct circumstances, dreams, and challenges.
That’s why we take the time to understand you thoroughly. As independent financial advisers, we do not merely focus on numbers or standard solutions; instead, we carefully consider every aspect of your personal circumstances and long-term aspirations. From your current lifestyle and priorities to your future goals, we prioritise gaining a comprehensive understanding of the complete picture.
This thorough, personalised approach allows us to craft financial strategies that are as individual as you are. Whether you’re planning for retirement, protecting your family’s future, or growing your wealth, our tailored plans are designed to align with what truly matters to you. This isn’t just about financial stability; it’s about enabling you to pursue your goals with confidence and clarity. Would you like to see how this thoughtful and bespoke approach can make a meaningful difference for you?
Income Protection plans typically have no cash in value at any time and cover will cease at the end of term. If premiums stop, then cover will lapse.
A comprehensive approach to financial planning
Our philosophy is not just about numbers or investments; it’s about seeing the bigger picture. From your current financial position to your long-term aspirations, we ensure every detail is factored in. Perhaps you’ve wondered, What steps do I need to take today to secure the future I want? This is where we come in.
By adopting this comprehensive viewpoint, we can help you prioritise and align your financial decisions with what’s truly important. Whether you’re planning for retirement, managing your assets, or setting up protection for your family, our advice puts your interests above all else.
One critical area we focus on is ensuring the security of your income. After all, your ability to earn is one of your most valuable assets. It supports your family, keeps your household running and helps you work towards the life you’ve planned. But have you thought about how you and your loved ones would cope if an illness or injury left you unable to work? Losing your income suddenly can feel overwhelming, but this is precisely where Income Protection becomes invaluable.
Income protection serves as a safety net when life presents unexpected challenges.
It is designed to provide you with a reliable and regular income if you are unable to work due to an accident or illness, replacing a percentage of your earnings. Typically, it replaces around 50% of your income and continues to pay out until you’re able to return to work or reach the end date of the policy, usually your retirement age. It’s a practical and essential safeguard, offering peace of mind during uncertain times.
The policy can continue to pay out until you are able to return to work or until the policy’s end date, often coinciding with your intended retirement age. It is not just about bridging gaps during difficult times; it allows you to focus on recovery without the constant worry of daily expenses. For many, it forms the foundation of a sound financial plan, ensuring that life’s uncertainties do not derail their long-term goals.
The foundation of financial stability
Why income protection is essential
Is an income protection plan right for you?
Income Protection isn’t exclusive to certain professions or financial situations; it’s for anyone who works and relies on their income to support themselves or their family. Even if you believe your savings are enough or your employer provides some level of sick pay, it’s essential to question if those measures would truly cover all your needs long-term. Can your savings stretch for months, even years, without depleting reserves meant for other goals? These plans are designed for everyone—from employees in stable roles to freelancers building their careers.
At Burlington Financial, we understand how important it is to protect what matters. Our experienced advisors help tailor Income Protection policies that cater to your specific requirements. Whether you need help integrating a new plan with your existing provisions or starting fresh, we guide you every step of the way. Our aim is to match you with a policy that gives you confidence and assurance that your family’s future is firmly secure
Time to ensure you achieve financial peace of mind?
Life is unpredictable, but your financial stability doesn’t have to be. At Burlington Financial, we take the time to understand your unique personal and financial circumstances, enabling us to provide independent financial advice and solutions that integrate seamlessly into your broader plans. Income Protection is just one way we can assist you in building a secure foundation for the future.
If building a financial foundation that withstands life’s uncertainties is important to you, why not contact us? Our team, based in Bridlington and Scarborough, is here to help you explore all your options. Book an initial no-obligation consultation at our expense with Burlington Financial today, and together, we’ll create a strategy that protects what matters most to you, no matter what challenges come your way.
