Childcare fees insurance provides a benefit of up to 50% of income or £1,500 per month whichever is the lesser, tax free, for 12 months, with no tie in period and various excess.
Getting a quote will redirect you to the British Insurance website. Nurseryplan cannot be held responsible for the content of the external website.
Policy wording
Protection for Parents, Childminders and Nurseries
(Terms and conditions apply).
Parents: How to Protect Your Children’s Education and Development
Anyone who has children will know how important it is for them to have a secure and stable environment in which to grow and develop. They will also know that keeping to a child’s routine is imperative so as to keep them happy and well balanced. Whatever childcare arrangements you have for your children, you will have devoted considerable time to making your selection and will know that your choice means your children are enjoying the very best childcare you can afford.
But what if the unforeseeable happened and you lost your job, or you were suddenly taken ill or had an accident and needed medical treatment or a hospital stay, rendering you unfit to work? What if this meant your childcare arrangements were no longer affordable at time when you needed them more than ever? Such stressful situations can bring a happy home crashing down on you and leave your children feeling unsettled and confused.
Would you want your children to suffer for your misfortunes?
Unfortunately, the unexpected can happen at any time and you may find yourself the victim of a serious accident or illness, or due to the recession end up being made redundant. If you are not prepared, this type of situation can leave your family in turmoil and with uncertainty as to what the future may hold.
Childcare fees Insurance could help avoid such situations
Being prepared would improve your chances of being able to keep your children’s routines intact, and one of the best ways of being prepared is by having adequate childcare fees insurance cover to help give you financial security and peace of mind.
Insurance policies such as unemployment insurance or mortgage protection insurance could offer financial peace of mind in the eventuality that you are unable to provide an income for your family. But going the extra distance to ensure your childcare fees are covered so that in the event of you being hospital bound or incapacitated due to sickness or accident, your children could continue to receive the high quality care to which they are accustomed, is well worth considering.
How can childcare fees insurance benefit me?
Most people who become unemployed usually rely on state benefits to top up their household income; however making a claim for these benefits can be confusing, stressful and have a lengthy processing time; on top of this, the amount you receive can sometimes vary from time to time making it an unreliable source of income.
Having insurance in place to cover such eventualities can give you the financial peace of mind you need. Knowing that your children’s future has been taken care of is an unmatchable feeling.
With childcare fees insurance, should you unexpectedly find yourself unable to work, you will be able to quickly and easily receive enough to cover your cost of childcare, enabling you to protect your family’s well being and security and thus creating less of a disturbance to your everyday needs.
Nurseryplan is the trading name of Peril & Jeffrey who are Authorised and Regulated
by the Financial Services Authority