Any person who is self employed should not be without the benefit of a Personal Accident Plan. If you are out of work as a result of an accident will your income continue?

There are two types of cover available to protect you in the event of an accident.

1. Accident Benefit

2. Income Protection

Accident Benefit

Personal accident is a type cover that is designed to provide you with an Income and/or Capital Sum in the event of an accident preventing you being able to work.

Policies can be written on a group or individual basis and offer flexible coverage periods. There are a number of companies offering this cover in Ireland and it is rated by determining

1. Your Occupation
2. Your Age
3. How much cover you wish to buy.

Income Protection

Income protection cover provides you with a portion of your salary paid to you if you are injured and unable to work. Depending on how long you would be paid by your company or your employer in the event of an accident, you can choose when you need the cover to "kick-in" ie. After 12 weeks, 24 weeks etc.

Each type of occupation is rated, for instance a benefit of €500 per week would cost more for a roofing contractor than for an office worker. The policy usually places a cap on the amount you can receive in relation to your salary, usually you can receive up to 75% of your normal salary, less the amount of state illness benefit.

To get a quote on either of the above, consider how much benefit you would need to receive in the event of you being out of work, and how soon you would need it. Call our offices on 071 9620193 or email info@bradyinsurance.ie and we can provide with you with quotes for various levels of cover depending on your unique income protection and personal accident needs.

What does it Cost?

That depends but from as little as €265.00 you could have peace of mind for you and your family.