Thomas a budding builder took out My Earnings Insurance, an income protection contract with Cirencester Friendly at the age of 25. He has £1,000 a month benefit with Day 1 cover.

Thomas’s monthly premium on Guaranteed Level is £30.42.

After years of enjoying carrying out his building occupation, Thomas unfortunately suffered an injury at the age of 40, leaving him unable to work.

For most people this would be a financial shock, but not for Thomas, as he has financial security in place with My Earnings Insurance.

Thomas paid premiums of £30.42 x12 = £365.04 P/A (£1 per day for cover) x 15 years = £5,475.60.

Therefore Thomas’s My Earnings Insurance contract would pay out a potential of £1,000/month (12,000 P/A) x 25 years = £300,000. This is based on the client meeting the claim criteria which is being unable to perform their own occupation.

Ensure your clients are covered with My Earnings Insurance today.