Exclusive Income Protection Calculator launched

April 18, 2012 - PRLog -- The creators of the website InsuranceForIncomeProtection.co.uk have announced the launch of its new income protection calculator that is available on the website to all its visitors. The innovative tool is meant to help users calculate how much, if at all, income protection insurance they require by analysing their expenses and income details. It provides a bird’s eye view of the financial situation of a person and motivates him to protect himself and his family against unforeseen circumstances that might bring his income down from the current levels. This website offers various guides that can help the users choose the most suitable way to protect their income.

Mr. Damian Youell, Founder & CEO, InsuranceForIncomeProtection.co.uk, said, "The new income protection calculator available on our website is a simple yet immensely powerful tool that has the power to make people think if and how they would cope with a smaller income if they have to. It makes them realise that they need to have some kind of protection against the unforeseen circumstances that might hamper their income. And it goes without saying, a better prepared person has the best chances of coming through tough times in flying colours compared to somebody who had no such plans."

The new Income Protection Calculator is available at the following URL: http://www.insuranceforincomeprotection.co.uk/income-protection-insurance-needs-calculator/

Income protection helps people to maintain control of their financial future against certain circumstances such as illness or accident that are beyond their control. An income protection policy can help protect not just one’s mortgage payments, but also his or her lifestyle, it can also help in planning one’s pension or fulfilling one’s travel desires.

“The amount that the state offers through the Employment and Support Allowance is extremely low and most people would find it difficult to maintain even a modest lifestyle. The statistics of incapacity claims in the UK and the statutory sick pay from employers being quite minimal are enough to prove that there is a big need for Income Protection Insurance,” added Mr. Youell.

The Income protection solutions available generally fall into two categories - Short term income protection and long term income protection. While the short term income protection products include policies such as ASU Cover, Accident and Sickness Only Cover, Unemployment Only Cover, Payment Protection Insurance and Mortgage Protection Insurance, the long term income protection insurance policies include Income Protection Insurance or Permanent Health Insurance, Executive Income Protection Policies and Group Income Protection Policies.

About InsuranceForIncomeProtection.co.uk
InsuranceForIncomeProtection.co.uk is a trading name for a website use only for NeedingAdvice.co.uk which is an Appointed Representative of Personal Touch Financial Services Limited, and is authorised and regulated by the Financial Services Authority in the UK.

For further information, please contact:
Damian Youell
Founder & CEO
InsuranceForIncomeProtection
7 Naomi Road, Newsome
Huddersfield HD4 6NZ
United Kingdom
Mobile: 07912 076990
Email: damian{AT}needingadvice{DOT}co{DOT}uk
Website: http://www.insuranceforincomeprotection.co.uk

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