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Why Do I Need Income Protection?

Ask yourself…

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What would happen to you and your family if you fell ill or had to take time off work? What if, through no fault of your own, you were made redundant or you became unemployed as a result of your business failing?

Not a nice thought but it does happen*:

In 2005 there were over 141,000 people claiming Disability Benefit or Allowance
Over 128,000 people claim Unemployment Supports each year.
Heart disease is Ireland's No 1 killer - approximately 10,000 people die from it each year.
Each year there are over 20,000 new cancer cases.

Who would pay the mortgage, and the household bills? You can forget holidays, the children's treats and any new things around the house. Money may become very scarce and life could become very tough indeed.

The Sovereign Income Assistance Plan provides you with peace of mind that if you are unable to work, you will still receive a regular income which can help provide for your family's needs.

Comprehensive Income Protection

But what makes Sovereign particularly special is the additional cash benefits on offer. As well as the crucial Monthly Income Benefit, you will also receive Hospitalisation Benefit, Serious Injury Benefit and Accidental Death Benefit. All of which are designed to provide you with money when it's needed most.

You can also include our unique 25% NO CLAIMS Cash Back option, where you will be rewarded with a significant refund of premiums, if you go claim free for 12 years.