Although many employees feel that they will never need an Income Protection Plan, sadly our experience has been that even the healthiest of people can suffer unexpected illness or indeed a serious accident. This is why membership of such a plan is so vital.
What Happens To Your Salary If You Fall Ill
Your sick pay arrangements provide for the payment of full salary for up to 183 days in any 12 month period and 50% of salary thereafter subject to a maximum period of payment of full and half pay of 365 days in any consecutive 4 year period.
How The Plan Works
An Income Protection Plan seeks to ensure that between your Ill Health Early Retirement Pension, any Social Welfare benefit and the Plan, you will receive a gross income of 75% of your pre-disability salary should you suffer a long term illness.
Marsh Limited, trading as Marsh Ireland, is authorised by the Financial Services Authority in the UK and is regulated by the Central Bank of Ireland for conduct of business rules only.
Services and solutions
To find out more or to join a Plan today, just call us:
Click here to contact us by email, and a Marsh consultant will call or email you back at your convenience to arrange a quote. It only takes a minute.
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