Permanent Health Insurance (PHI)

Permanent health insurance is Income Protection and pays you a replacement income to support you and your family if you are unable to work due to illness, injury, accident, or disability.

You can decide how much of your income you want to protect per week etc. depending on your salary. The maximum salary protection allowed by Revenue is 75% of your salary less the Social Welfare Disability benefit.

Before your PHI benefit income starts you must be unable to work due to disability for a certain length of time, known as the deferred period. You can choose a deferred period of 13,26, or 52 weeks. You should consider choosing a deferred period that allows your PHI benefit to commence when other sources of income cease.

Tax relief is available on PHI premiums - up to 10% of income each year. PHI benefit is taxable.

Ellison Financial Consultants can arrange PHI insurance.

For quotations on any of the above you can contact us with your details and requirements.

Contact Details

Telephone 01 - 8038105 / 8038106  Mobile: 087 258 9894
43 The Dunes,
Co. Dublin,
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