Executive Income Protection

From Aviva

"You insure your house, you insure your car, why not insure yourself - from what I've got back from it - It's priceless"

Vanessa - Income Protection Claimant

Executive Income Protection is owned by the employer/company and taken out on behalf of employees. The premiums are paid by the company and these premiums qualify as allowable business expenses that can be offset against corporation tax. This can make it a very efficient way to protect your income and that of valued employees.

With Executive Income Protection you can:

Secure your earnings in your working years.

By providing the company with an income to pay you or your key employees up to 75% of earnings (less any social welfare payments) when either of you are off work due to illness or injury, up to a maximum of €262,500.

Protect your Pension Contributions

You can safeguard the company pension contributions to ensure you can continue to contribute to the company pension if you or a key employee become ill or injured and unable to work.

It’s tax efficient and gives peace of mind

Premiums qualify as business expenses that can be offset against corporation tax. A long-term illness does not have to lead to financial hardship for you or your employees.