Step 1: Choose Your Product 

The first step is to decide the product that suits you best. There are two basic options to choose from:

• Mortgage Payment Protection
Mortgage payment protection will take over your mortgage repayments for a period of up to one year in the event that you are made involuntarily unemployed, fall sick and cannot work or you are hospitalised after an accident.

• Income Protection
Income Protection will pay an income to you of up to 75% of your after-tax monthly income for a period of up to one year in the event that you are made involuntarily unemployed, fall sick and cannot work or you are hospitalised after an accident. 

Step 2: Choose The Amount Of Cover

Now that you know what cover suits you best, you need to decide on the monthly benefit amount. This amount can include loan repayments, credit card and utility bills or any other regular commitments you may have – the choice is yours. The maximum benefit amount allowable is 75% of your net monthly income, or €2,000, whichever is the lesser.

Step 3: Choose The Type Of Cover

There are three main options to choose from:  

• Accident & Sickness Only
Provides a monthly benefit if you are unable to work due to Accident or Sickness.

• Unemployment Only
Provides a monthly benefit if you are made involuntarily unemployed.

• Accident, Sickness & Involuntary Unemployment
Provides a monthly benefit if you are unable to work due to Accident, Sickness or Involuntary Unemployment.

Step 4: Choose Additional Cover

You then have the option to include some additional cover:

• Critical Illness benefit
If you choose to add Critical illness cover to your policy, an amount equal to 24 times your monthly benefit will be paid to you in one lump sum on the diagnosis of a critical illness. The illnesses covered are listed in the Terms and Conditions, which are available upon request.

• Hospitalisation cover
Hospitalisation cover pays a monthly benefit to you in the event you are hospitalised. The benefit is payable after three days hospitalisation.

Step 5: How Long Do You Want Cover For?

The next decision is how long you need benefits to be paid for. You can select a benefit period of 12 or 24 months. If you have also opted for Hospitalisation cover, the same benefit period will apply as selected for Accident & Sickness.

N.B. Only a 12 month benefit period is provided on Involuntary Unemployment.

Step 6: Calculate

Now click the "Calculate" button to see the cover that best suits your needs.

Step 7: Contact Us To Start Your Cover Today 

The Policy can be set up over the phone, so you can be protected immediately. However, there is a three month exclusion period, which means that if you are made redundant during this initial period the insurance will not pay out. SO DON'T DELAY...CALL US TODAY!

Eligibility
To be eligible for cover you must be (at the start date):
• At least 18 and under 64 years of age
• Actively working for at least 6 months
• A permanent resident of the Republic of Ireland
• Not aware of any impending disability or involuntary unemployment

Cost
The cost of cover is dependent on the benefits you have selected, the benefit period and the amount of cover you need. The cost can be as little as €3.03 for every €100 of cover! Speak to your financial advisor who can provide a quotation tailored to your needs.

Exclusions
Some exclusions will apply to My Broker Income Protection Insurance depending on the cover you have selected. Your financial advisor can provide you with a summary of cover which highlights the main exclusions on the policy. In addition, the Terms and Conditions are available upon request and provide details on all exclusions.