You’re busy. Your time is precious. We’ve made it simple for you.
Whether it's protecting your income, arranging and managing your pension, saving for a rainy day or protecting those you love most, we understand your needs.
And it's all online, in one place, right here.
We understand your needs and have developed a product range and advisory process that we think best meets your exact requirements. Whether its helping you protect your income in the event of unexpected absences from practice, or, helping you plan for your future retirement, or, looking at the most tax efficient ways of extracting wealth from your own Practice we are able to help.
We understand that your time is precious and that having to schedule time out of your diary to meet with a Financial Advisor might be off putting. So, we have created a online platform that removes a great deal of the initial fact finding process. It’s been designed to be simple to navigate and easy to understand. We are sure you will enjoy the interface and its all been created to make things easier for you to get access to the information you need to make the right financial planning decisions that suit your needs’.
We understand that most Dentists (apart from those working full time within the HSE) receive no sick pay entitlement for absences from practice relating to illness or accident. This has a huge implication for dentists who are forced to take time off work for long periods. Trying to maintain lifestyle standards with no income coming in is difficult and most dentists find themselves having to dip into savings simply to pay the mortgage/rent and other day-to-day bills and expenses.
There is a very cost-effective alternative – Income Protection.
Linked Financial can help you put in place an insurance policy that pays out a replacement income until you are able to get back to work. You select the amount of income you require (up to a maximum of 75% of your annual income), the deferred period you are prepared to wait until your benefits kick in the age at which you want the policy to end. Its as simple as that. The system will generate your quote and you can select which on best suits your needs. We do the rest!
You’ll also be delighted to hear that the monthly premium is eligible for tax relief at your marginal rate (40%). Thus, a gross monthly premium of €200 costs you €120 once the tax relief has been deducted!
Even those dentists working within the HSE are limited regarding the amount of sick pay they receive. Under current contracts of employment, a full-time HSE employee is entitled to receive 3 months absence with full pay followed by 3 months at half pay. After that, your only access to sick pay is through Social Welfare payments. To fully indemnify yourself why not consider putting in place a 26-week deferred period Income Protection policy? It's cheaper than a like for like policy with a shorter deferred period and gives you peace of mind that an income will continue to be paid should you ever find yourself in the unfortunate position of being off work for any protracted period.