Income protection

Life’s full of surprises, some of them less welcome than others. While it’s not always possible to see what the future will bring, it’s reassuring to know you can put steps in place to protect your standard of living.

Income protection can offer peace of mind in the event of an illness that prevents you from working, or redundancy. It pays a monthly income, which is tax free and can be used to help meet mortgage repayments and related expenses. You decide on the length of the income deferral period, from first being unable to work to the point at which the protection benefits begin. The longer the deferral period; the lower the premium will be.

Given that in some work places, sick pay decreases over time, it is possible to hold several income protection plans with different deferral periods.

As well as protection, you can discuss all aspects of Financial planning with your Barclays Financial planning Manager, including investment, pensions and tax planning.

• Important Information

  It is important that all information requested at application is answered fully and truthfully. Any information that is withheld at application may result in subsequent claims under the policy being declined. In some cases we may need medical information before we agree to provide cover. You must pay the required premium by the date(s) specified during the period of cover, otherwise your policy may be cancelled. All cover is subject to terms and conditions, which will be fully detailed in your policy document.

With Barclays Financial planning you get:

• A plan tailored to meet your needs.
• A choice of deferred periods and expiry dates.
• Benefits that increase with inflation.

For more information call 0800 587 2024 to book an appointment or request a call back.