- 80 - 81 High Street, Northallerton, DL7 8EG
- dwight@oakvalefinancial.co.uk
Contact us today to find out how we can help you achieve financial clarity and certainty for your mortgage.
- 80 - 81 High Street, Northallerton, DL7 8EG
- 07388 515859
- dwight@oakvalefinancial.co.uk
Book your Protection review
Let's discuss your options and help you start your journey to clarity and financial protection.
Protect your income
How would you cope if your income stopped?
Life has a way of throwing the unexpected at us, and for most people, the thought of being unable to work because of illness or injury is genuinely worrying. If your income suddenly stopped, how long could you keep up with the essentials — the rent or mortgage, the weekly shop, the bills that don’t go away just because you’re unwell?
That’s where income protection can make a real difference. It’s designed to step in when you can’t, providing a regular monthly payment to help keep your household running while you focus on getting back on your feet. For many families, that support can be the difference between coping and struggling.
Local, Personal Advice
If you’d like guidance tailored to your circumstances, we’re here to help. We take the time to understand your situation properly and talk you through the options in plain English — no jargon, no pressure.
How the Cover Works
Income protection can cover up to a percentage of your earnings and pays out after a waiting period that suits your budget — whether that’s a few weeks or a few months. Payments continue until you’re well enough to return to work or until your policy ends. It’s not a savings plan, and it won’t pay out for redundancy, but it’s there for the moments when health gets in the way of earning a living.
Most people don’t have enough savings to fall back on for long — in fact, it can take the average UK worker around a decade to save the equivalent of a year’s income. That’s why planning ahead matters.
- Regular monthly payments if you’re unable to work due to illness or injury
- Premiums that stay the same, unless you choose a plan that increases over time
- Support to help you return to work when you’re ready
- Flexibility to adjust your cover as life changes (eligibility applies)
- Wellbeing support, including access to trained nurses for guidance and reassurance
- Care advice, offering confidential help in navigating adult and later‑life care options
Financial Resilience
The average household is just 19 days from the breadline, far shorter than the 60 days they believe - *Legal & General research
39% of people interviewed are concerned of getting a serious long-term chronic illness, while 8 in 10 are concerned about at least one issue affecting ability to work
The average UK household has £2,431 in savings, but they need around £12k in savings to feel secure.
2 in 5 households have less than £1,000 in savings. In fact 1 in 5 have no savings at all.