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income protection

what is income protection

Income Protection

Income Protection is designed to support you financially if you are unable to work due to illness or injury. Your income is one of your most important assets, and protecting it means protecting your lifestyle, your commitments, and your long‑term goals. When your ability to earn is interrupted, Income Protection helps ensure that essential expenses continue to be covered, giving you stability during a challenging time.

At Kripa Financial Solutions, we take a personalised approach to Income Protection. We begin by understanding your goals, your financial responsibilities, and the level of support you would need if you were unable to work. Every client’s situation is different, so we look at your income, debts, family needs, and future plans to recommend cover that is practical, meaningful, and aligned with your objectives.

For many clients, Mortgage Repayment Cover is an important part of this protection. It is designed to ensure your home loan repayments continue even if your income stops temporarily. This helps you maintain your home, avoid financial stress, and stay on track with your long‑term plans while you focus on recovery.

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faq

frequently asked questions

Up to 75% of pre-disability earnings (monthly, taxable) after waiting period.

4-52+ weeks (longer lowers premiums), matched to your buffers.

Yes, key for cancer, mental health, chronic issues.

2-5 years, to age 65/70, or until recovery, we select best fit.

Recurrent waivers, rehab support, inflation indexing, we compare top policies.

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