Irish Income Protection

Protection in the event of any illness, injury, or disability that prevents you from carrying out your occupation.

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What is income protection?

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. Income protection pays 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.

Benefits

It pays you a regular monthly income, replacing some of your earned income. Cover continues until age 65 or you return to work. Payments on your plan are eligible for income tax relief at your marginal rate of tax. However, if you do claim on this plan, your incapacity benefit will be treated as normal income and so is assessed for income tax, PRSI and the Universal Social Charge.
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News

  • 23.02.2015 Zurich pays 93% of IP claims

    23.02.2015 Zurich pays 93% of IP claims

    March 21, 2016
    Zurich paid out on 93 per cent of new income protection claims in 2014, according to its latest figures. Of the 687 IP customers receiving payments in 2014, 69 were […]
  • 19-03-2015 Friends First Cuts the Cost of Premiums on Income Protection Policies

    19-03-2015 Friends First Cuts the Cost of Premiums on Income Protection Policies

    March 16, 2016
    Insurance and investment firm Friends First has reduced the cost of its income protection cover across a range of occupations by up to 20pc. In 2014, Friends First paid over […]

Contact Us

FOR A FREE NO OBLIGATION QUOTE
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​ 086 365 6053
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Irish Income Protection
130 Custom House Harbour
IFSC
Dublin 1
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EMAIL
info@kildownet.ie

Additional Areas of Practice

- Mortgage Protection
​ - Life Cover
​ - Specified Illness (Serious Illness)
​ - Retirement Planning
​ - Savings & Investments
Terence Mulloy is regulated by the Central Bank of Ireland.
Terms of Business