DEFERRED PERIOD INCOME PROTECTION PLANS
DEFERRED PLANS TO WORK WITH YOUR SICK LEAVE
In recent times, the HSE Sick Leave Scheme has halved down to three months full pay three months half. A deferred period income protection plan provides a benefit that commences when your HSE benefit reduces and ultimately ceases. This ensures a continuity of salary so that you can maintain your standard of living and focus on your recovery.
If you are employed, we will work with any sick payment arrangements you might have to provide maximum salary continuance. A deferred period policy starts when your employer benefit ceases, ensuring that you are covered for every eventuality. Whether its a medium term accident / illness or a longer term serious condition, you will be covered as long as you are unable to work.
INCOME PROTECTION FOR
Income Protection cover provides you with a replacement income in the event that you become unable to work due to accident or illness. Your benefit will last for as long as you are unwell, right through to retirement age. You can choose from a variety of deferred periods, from 4 to 52 weeks.
ALL ACCIDENTS & ILLNESSES COVERED (except pre-existing)
TAX RELIEF ON PREMIUMS AT THE MARGINAL RATE
OUR PARTNERS & PROVIDERS
Dr Vladka Vilimkova
Dr Vladka was diagnosed with cancer in late 2012 and has undergone four extensive surgeries since. Unfortunately the treatments have resulted in a significant loss of arm/shoulder mobility, rendering her unable to work for the foreseeable future. Vladka’s Income Protection policy has provided her with a weekly income since her first diagnosis and will continue to do so as long as she is unable to work.
Dr Emma O'Hara
When I applied for income protection in 2013, I was in perfect health. Then suddenly I found myself laid up with broken bones from a serious car accident. I had barely paid my first premium, but Omega honoured their word. I never had to worry about payment, and the claim form was simple and quick. It was one major headache I didn’t have to deal with. I would recommend every professional to seek income protection, because you never know what lies ahead.
I like to keep fit and healthy and it is rare that I am unable to work due to illness. However in recent months I have claimed on two occasions for 2 days of lost income as a self employed business owner. The claims process was swift, DG kept me informed and the claim was paid within 7-10 days. Overall I have found the support provided by DG and Omega Financial to be excellent and would recommend highly.
As a general dental practitioner who owns a mixed private/GMS practice I thought it was essential to have Day One income protection against a rainy day. Practices have so many hidden costs that a considerable down time would put real strain on the every day running of the practice so I felt Day One protection was essential. Covid-19 was one of those down times. Overnight the practice shut its doors and all sources of income were lost.