Income Protection Insurance

Income Protection

Income protection insurance

Most of us have some form of life insurance, home insurance, or critical illness insurance. Why then do so many people not have income protection insurance? The main reasons so many people don't have this valuable cover is that it either hasn't been sold to us or explained fully when we have started other insurances. Without income, we cannot afford the above insurances, mortgages or other essential expenses.

You wouldn't imagine a Taxi Driver without insurance for his taxi, but that same taxi driver probably doesn't have income protection insurance for himself. If the same taxi driver couldn't drive, what use was the insurance on the car?

The point is that our income is the foundations of most of the things we do in life so more of us should make sure that if the unforeseen happens, we have something to fall back on.

Companies like ours are paid commission by income protection insurance providers for arranging policies with them.
Do I need income protection insurance?

Will your employer continue to pay you a percentage of your salary until youretire if you are off work due to long term illness or disability?

If you are part of a couple, could you survive financially on your partner's income alone?

Do you have sufficient savings to fall back on if you are off work due to sickness or an accident?

If the answers to the above questions are no then you should consider income protection insurance.
What is income protection insurance

Income protection insurance would normally protect up to 50 - 65% of your gross (pre-tax) earnings from the risk of sickness or injury. income protection insurance can provide cover for a minimum of 5 years to a maximum policy term lasting until the national retirement age. income protection insurance should not be confused with accident sickness or unemployment cover.
State Benefits simply aren't enough for a normal family.

Without some form of income protection insurance, you should expect a substantial reduction in your standard of living


How about you?
Are You Ready?

Let's Come to Insurance Office to Get Protect Your Life


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9 Ways Insurance Protects Business Owners

Who Needs Business Insurance?

9 Ways Insurance Protects Business Owners

Why Do I Need Business Insurance?

Whether you're freelancing on the side, running your town's hottest café, or otherwise being your own boss, you can probably benefit from business insurance.

Surprised? Don't be.

In the last five years, the population of people who need business insurance has grown significantly.

That's because it's become easier than ever to be a business owner. Driving for Uber or Lyft qualifies you. So does completing even a couple contract jobs. And while working for yourself means a lot more freedom, it also opens you up to certain types of risk unique to business owners.

The good news: business insurance can protect you from those risks. Here are nine specific ways business insurance can keep you (and your source of income) safe.
9 Reasons You Need Business Insurance

Business insurance is like a seatbelt: it can save you if something goes wrong. But even when things go right, business insurance can power your growth. Specifically, the right policies can help you:

Sign commercial leases. A lot can go wrong when you own a building. That's why landlords typically want their tenants to carry General Liability and Property Insurance. In fact, most landlords require proof of insurance before they'll rent you a commercial space.

Win more clients. The bigger a client, the more likely they are to require you to sign a contract. And chances are, that contract will require you to carry Errors & Omissions Insurance. Why? Because having insurance means that if something goes wrong, you can pay for it (so they don't have to). Maintaining active insurance means you're one step closer to signing your next client.

Comply with state laws. Businesses that have employees are required to carry Workers' Compensation Insurance in 49 states (Texas is the exception). But regardless of the laws where you live, it's smart to invest in coverage that can pay the bills if your employees are injured on the job. (See a full breakdown of Workers' Comp laws by state.)

Handle costly legal bills. Even owners of small businesses are targets for lawsuits. If a visitor has a slip-and-fall accident on your property or you sell a product that hurts someone, you could get sued. The appropriate insurance, like General Liability Insurance with Product Liability coverage, offers lawsuit protection so legal bills don't drain your bank account (or force your business to close).

Recover from storm damage. Just as your homeowner's insurance can pay for repairs and replacements if you're hit with bad weather, Commercial Property Insurance can pay to repair and replace your business gear, property, and equipment after certain storms, vandalism, and theft. (Tip: most Insureon customers can save money by getting their Property coverage in a bundle known as a Business Owner's Policy.)

Secure your income. If you're forced to shut down by a fire or another event covered by your Property Insurance, you can actually receive insurance payouts to replace your lost income, thanks to Business Interruption Insurance. This little-known gem can be added to a Business Owner's Policy and can make the difference between recovery and shutdown when the worst happens.

Cover data breach damage. Data breaches are scary and they're not going away. Luckily, Cyber Liability Insurance can soften the blow if your business is hit. It helps cover ransom payments to hackers, customer notification costs, and other recovery efforts. (To get a Cyber policy from Insureon, click the "General Liability and Business Property" box in our application. Eventually, you'll be asked if you want to add Cyber coverage.)

Cover your business driving. Whether you haul tools between worksites or rent cars when you're traveling to meet clients, Commercial Auto Insurance (or Hired and Non-Owned Auto Insurance) can cover damage and liability just as your personal auto insurance does. (Tip: if you have a vehicle titled to your business, Commercial Auto is likely the policy for you; if you or your employees drive personal vehicles for work purposes, Hired & Non-Owned is probably the better choice.)

Save at tax time. Like most business operating expenses, business insurance is tax-deductible. Who doesn't want another deduction in April?

Want to find out which policies align with how your business runs? Check out Policy Buddy, our two-minute diagnostic. Tell us the basics about your business and we'll suggest policies.

Compare Temporary & Short Term Car Insurance

Compare Temporary & Short Term Car Insurance

Comprehensive Cover from 1-28 Days
Five Simple Questions for a Quote
For Drivers Aged 19-75
Short Term Learner Drivers Cover for 17yrs+
Instant Online Cover
COMPARE TEMPORARY
INSURANCE QUOTESCompare Temporary Insurance Quotes

Do you want to make sure you are getting the best value temporary car insurance cover? To save you time trawling around different short term insurance websites, we have gathered a selection of the best options available for you to compare.

With a selection of temporary car or van insurance alternatives laid out in front of you, including, policy details and levels of cover you can select your preferred option and proceed to that independent Website to purchase cover.

Our temporary car and van insurance products have their own independent websites and are backed by different insurance companies. We Search – You Save!

Breakdown Cover
Courtesy Car Cover
Drive Away Insurance
European Cover
Excess Protection
UK/EU/EEA/Commonwealth Licences
Temporary Car Insurance
Temporary Van Insurance
Impounded Vehicle Insurance
Temporary Learner Driver Cover
Test Drive Cover
Additional Driver Cover
Motorist Uninsured Loss Recovery
Why Would I Need Short Term Car Insurance?

Professor on Why Short Term Car Insurance Needed

There are many reasons when short term car insurance will be more beneficial to an annual policy;

(i) You may need to insure your car for an extra month at the end of your annual policy, for example, this could work out well if you were selling your car or getting rid of it - this can work out as a much more efficient way of keeping the car insured short term, rather than cancelling an annual policy which involves cancellation costs.

(ii) You may need to insure an additional driver for a short period, say for a mini-break. Online short term car insurance cover can do this quickly and efficiently for you, rather than going through the process of trying to add the driver to your main annual insurance policy. Our temporary cover is Comprehensive, so you can relax knowing that the driver is properly insured.

(iii) The 'Driving Other Cars' extension offers limited cover. Some people have a 'Driving Other Cars' extension on their own insurance policy. This covers the policyholder only; and not any additional named drivers. Should you be involved in an accident, the 'Driving Other Cars' extension would not cover you for any damage to your friend's car – only the 'third party' involved. In contrast, if a short term insurance policy was taken out, this cover is comprehensive, meaning the vehicle would be covered, even in the event of a fault accident.

Professor Comparing Short Term QuotesCompare Temporary & Short Term Car & Van Policies

So now you know all the benefits available with short term policies - how do you find out which are the best policies and the most competitively priced. Sky Insurance Compare have brought a selection of the best policies in the temporary car insurance market and after entering just a few relevant bits of information, we will offer you a list of results from those policies. From there, it's your choice to select the best option - and you can link through to the Website of the individual short term product that most suits your requirements. It's as simple as that!

And to make the process as straight forward as possible, we only require the minimal amount of information from you - and no personal information - to compare the quotes. The whole process of comparing the quotes should take roughly a minute.

COMPARE QUOTES

One Day to One Month Car Insurance

We aim to take the hassle out of searching and can help you arrange a policy whether you’re looking for one day car insurance, or a longer period, with cover available for up to 28 days. Temporary cover can help with the following:

Temporary Additional Driver to allow friends or family to drive your car or van
Short Term Insurance for an additional car or van
Courtesy Car Cover for when your car is in for a service or repair
Test Drive Cover - for a car or van you are looking to buy
Drive Away Cover - for a newly purchased vehicle
The selection of policies available in our comparison site will give you an excellent overview – you can then select your choice and proceed from there.

Short Term Quotes Compared in SecondsShort Term Van Insurance

There are a number of reasons why you might need to insure a van for a single day or a week. Our comparison site has a selection of insurers offering temporary van insurance cover from 1-28 days.

This can be very helpful for when you are moving home or need to borrow a larger vehicle for a short period.

UK/ EU/ EEA/ Commonwealth Licences

We have policies that can offer cover for drivers with a full UK, EU, EEA or certain Commonwealth licences - held for the past 12 months. Check with each individual insurer's Website for further details.

Temporary Insurance for Learner or Provisional Drivers

Learner Drivers often like to gain some extra practice in a parent’s or friend’s car in addition to taking driving lessons with an DVSA approved instructor – or sometimes have all their lessons with a parent. With the average learning period of several months, it works out more efficient to purchase short term learner drivers insurance as a separate policy. Not only is it cost efficient – it also prevents any accidents affecting the bonus of the main policy held by the car owner. With this type of cover, it is imperative that the car is already insured by the owner and that policy is running for the full period of the temporary learner cover; as this is purely ‘top-up’ cover.

Additional Driver Cover

Sometimes, you may need to insure more than one temporary additional driver for the period of cover. Our comparison site has options available for this situation.

Impounded Car & Van Insurance

We are now able to offer you a solution in retrieving a seized car or van under S165A of the Road Traffic Act from a police pound providing immediate 30 day third party insurance. Instant cover is available for the legal owner of the vehicle ONLY holding a full UK, EU, EEA or Swiss driving licence for 12 months or more. Click here to get a quote

European Cover

If you are looking to extend your temporary comprehensive insurance cover whilst driving within the European Union, our comparison site has insurance policies that can provide you with this extra cover. The vehicle must normally be based in the UK and have valid Road Tax throughout the journey. Your trip must be of a 'temporary' nature and it has to start and end in the UK. The European Cover extension involves an additional premium payable from the standard basic cover.

Full details of the specific terms for European Cover offered are detailed on each individual Website if the option is available.

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Inspect temporary policies to find most suited to your needsCourtesy Car Cover

If a garage supplies you with a courtesy vehicle, but without providing the insurance cover, some of our products will be able to cover this for you. See individual product websites for confirmation.

Drive Away Cover

Sometimes, when purchasing a new vehicle, you may need to arrange instant temporary insurance in order to drive home – this Drive Away cover can be purchased online using a PC, Tablet or Smartphone. This short term cover can be helpful to cover the gap between buying the vehicle and getting insurance arranged on a more permanent basis.

Test Driving A Car?

If you are buying a car, you may wish to Test Drive this first. We realise that most people would like test drive insurance at short notice that can be arranged quickly – without the need for complicated forms – but still providing Comprehensive cover. Short Term Car insurance is the answer and can be purchased in minutes.

Excess Protect

Cover for the reimbursement of the policy excess you have paid when you have made a claim on your motor insurance policy and whilst driving in the UK only.

This is an optional Add-on product for both cars and vans and can only be purchased at the same time as the actual motor insurance policy.

Full details of the specific terms and conditions for Excess Protect insurance are detailed on each individual Website where cover is available.

COMPARE QUOTES

Motor Breakdown Service

Your vehicle will be covered for call-out charges and up to 1 hour's labour at the scene of your breakdown where your vehicle is rendered immobilised due to electrical or mechanical faults within the United Kingdom including Northern Ireland, the Isle of Man and the Channel Islands and Scottish Islands.

Motor Uninsured Loss Recovery Service

Expert advice & help will be available in the event of a non-fault accident and you have an uninsured loss to claim back from the third party. See the individual Website of the selected product for further details. Below are some of the items that would be covered under this;

Loss of Use
Personal Injury Compensation
Replacement Vehicle Costs
Loss of Earnings
Vehicle Repair Costs
Out of Pocket Expenses
Damage to Personal Effects
Remember, the success of any claim is dependent on proving the third party was at fault.