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Salary Protection
Salary Protection which can be called Income protection insurance is used to protect your income if you lose employment through redundancy, accident or sickness. The salary protection you can typically cover would be up to £2000 per month or 75% or your net monthly income, which ever is the lesser.
This can be used in place of more well known payment protection policy
like mortgage protection and loan protection as the monies paid in the worst
happened can be used for your loan and mortgage repayments as well as any
other.
Berkeley Berry Birch / BBNFP Limited is not authorised and regulated by the Financial Services Authority and is not a part of the Berkeley Berry Birch Plc group. Public Limited Company, (Company number: 788306) BBB © 2010 UK FSA Bonds Register Web Design by ADD1
Berry Birch & Noble Financial Planning Limited is not authorised and regulated by the Financial Services Authority and is part of the Berkeley Berry Birch plc group. Registered Office: Eaton House, 1 Eaton Road, Coventry, CV1 2FJ
Registered in England and Wales No: 04202878. Not all products and services are regulated by the Financial Services Authority.