PAYMENTSHIELD INTRODUCE INCOMESHIELD

16/08/2010

Income Insurance for life's essentials.

Paymentshield’s new income insurance product offers reassurance that if the worst should happen and you were unable to work due to an accident, sickness or unemployment (redundancy), the lifestyle and essentials that you have worked so hard for, do not have to disappear.

IncomeShield doesn't need to be tied to a mortgage, loan or any other credit agreement. It simply allows you to protect your income, and receive a monthly benefit paid direct to you.

Paymentshield chief executive Tim Johnson said:
"Financial Intermediaries have been crying out for a flexible income insurance product that is not tied to a mortgage or loan but that can be used to cover a raft of financial outgoings including rent, council tax, school fees and even gym membership or the daily running of a car. IncomeShield fulfils this requirement and comes without the negative associations of payment protection insurance. It comes to market at exactly the right time as customers are searching for ways to protect their income as we continue in a period of extreme economic uncertainty."

Argent Consulting Comment

We are pleased to see new products coming into the market, we will be able to offer our customers another option to ensure the product chosen by them meets their specific needs. Argent Consulting will continue to give advice on Mortgage Payment Protection Insurance and Payment Protection Insurance.

To obtain a quotation for Payment Protection Insurance, please complete the short contact form below and an advisor will contact you.