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Income Protection Insurance From MIAB

As medical professionals you will understand better than most, the consequences of serious illness and disability. It is imperative to put in place security to protect yourself and your family in the event you are unable to work. Most of your future objectives will be directly dependent on your ability to work; therefore it would be wise to protect your income, which is vital to your future plans and ambitions.

Permanent Health Insurance (PHI), also known as Income Protection, is designed to replace income in the event you can no longer work due to illness or disability. PHI will continue to pay regular monthly income until:      

You are no longer ill or incapacitated

The policy term expires

You reach retirement (if you have selected this option)

You Die

 

The maximum amount of cover available is 50%-60% of your gross income before your illness or injury. The benefits are paid free of any Tax and National Insurance.

MIAB understands the needs of medical professionals and can advise you on choosing the most suitable Permanent Health Insurance. It is critical that you select the policy that is right for your needs, and it benefits you and not the insurance company.

Why should I protect my Income?         

1 in 3 people will be diagnosed with Cancer during their life (National Statistics Online)

1 person every 2 minutes suffers a heart attack in the UK (British Heart Foundation)

2.5m people suffer from chronic back pain every day (National Statistics Online)

In the UK, as many as 1 in 5 workers are suffering from high levels of work-related stress (Health and Safety Executive)


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