Paul Ryan of Patron Finance

INCOME PROTECTION - 5 Things You Should Know

Why should you have Income Protection (Accident and Illness Policy)?

If you get a long term sickness or are laid up with an accident, anywhere in the world, 24 hours a day, you can be covered under Income Protection.

5 things you should know about Income Protection:

1. Pays your Mortgage Repayments
2. Puts food on the table
3. Petrol in the tank
4. Helps pay debts
5. Whatever you pay is, in most cases, a tax deduction

You may have heard about Sickness & Accident insurance, but the critical issue is that many Sickness & Accident insurance policies only cover you for 1-2 years, but with Income Protection insurance, you are covered right up to retirement age. This offers peace of mind for you and your family knowing you will be able to cover your monthly expenses in the event of a major illness.

This article is brought to you courtesy of Paul Ryan (Dip FS (FP) Dip FM) of PATRON Financial Services Pty Ltd. Paul is a highly qualified and experienced Financial Advisor with over 30 years experience in Risk Insurance, Superannuation and Investment in the Financial Planning Industry. Paul provides advice in the areas of Wealth Creation Strategies, Personal Insurances, Debt minimisation strategies, Estate Planning strategies and Superannuation (both Personal and Corporate).

Paul may be contacted on Ph: 02 9878 9226; Fax: 1300 722 756 or Mobile 0418 423 720

Email: pryan@patronfa.com.au

Web: www.incomeprotectionspecialist.com.au