Inspire Financial Options Ltd. provides clients with a comprehensive range of protection products. We provide expert advice in regard to:
Key Persons Insurance
Life & Serious Illness
Executive Income Protection
For all your protection needs get in contact with Inspire Financial today.
Income protection gives clients the peace of mind of knowing, that if they cannot work for an extended period of time, their family’s standard of living will not be affected. Income protection replaces income lost due to illness or an injury.
In the event of a loved one’s sudden passing, life insurance ensures that the dependants of the deceased receive a sum of money to protect their standard of living, We provide clients with expert advice on various life insurance packages and can recommend the appropriate package for our client’s individual needs.
For expert advice on protection products, get in contact with Inspire Financial today.
Why you might need income protection cover?
How would you pay the bills if you were sick or injured and couldn't work? Income Protection is insurance cover that provides you with a replacement income if you are unable to work on a medium to long-term basis due to illness or injury. You get a pay out after a pre-determined time period as chosen at outset which can be either 4, 8, 13, 26 or 52 weeks - the longer the deferred period the lower the cost.
Executive Income Protection
Income protection cover for owner directors and key employees.
The most valuable asset in any business is the people – especially the key employees, whether they are owner directors or valued members of staff, who ensure that the business is successful and drive its future direction. An Executive Income Protection plan provides a cost effective way of protecting a key employee’s income during long-term absence due to illness or injury. It allows an employer to continue paying them a salary, for as long as they are unable to work, without imposing extra financial burdens on the business at a time when they are already trying to cover the key employee’s absence.
Protection Life Cover and Specified Illness
Who knows what will happen next in our lives. Fortunately, it’s possible to protect yourself from some of the financial uncertainties that come with unexpected events in your life. Even in the event of your sudden and untimely death it’s reassuring to know that there are ways for you to take care of your loved ones. Life Cover gives your family a financial lifeline in the form of a cash lump sum in the event of your death. The lump sum can then be used to settle any outstanding debts or loans, pay off a mortgage, pay bills or whatever it takes to make them financially secure. When you take out Life Cover you also have the choice of adding Specified Illness Cover to your policy. This provides you with a lump sum if you are diagnosed with any of a specific set of illnesses. You can also take Specified Illness Cover as a standalone policy. Specified Illness Cover lets you concentrate on getting well or on adapting to your changed circumstances without having to worry about money.