If You Cant Work
Who’ll pay the mortgage / rent and bills if we cant work?
When it comes to our Incomes, we are not as quick to safeguard this critical resource. Many things could come to a halt if it is lost, including the payment of that essential mobile phone contract!!


Unexpected Events
How would you pay your rent or mortgage, as well as childcare and other bills if you were unemployed due to a disability or injury caused by an accident or a lengthy sickness?
If you’re eligible for Social Welfare, it may cover some of your expenses (self-employed people are not, for example), but you’ll almost certainly have a deficit in your earnings. Will your employer continue to pay you if you’re away from work for an extended period of time?
Continuing costs regardless
If you don’t have enough money to pay for all of the potential expenditures, then think about whether your household could manage them without your income. Here are a couple of examples , but you’ll know many more:
- Mortgage/Rental Fees
- Car Replacement
- Housekeeping
- Childcare Costs
- Additional expenses caused by your disability/illness


Income Protection
Tax relief at a higher rate of tax is available for the expense of income protection, making this an even more attractive safety net for self-employed individuals.
There are certain timeframes in which you must be away from work before your payments start, as well as how long your payments will last.