We’re always thinking about insurance, especially as I firmly believe that no future is certain. There are so many things that happen so suddenly leaving one totally unprepared for the situation. After reading about ChildMax from Insure with Max, I feel I am better prepared.
I never want to be in a situation where my child would need full time care and I pray that we never see the day. However, no one can predict the future and I would like to be prepared for any curveball life may throw my way.
Insure with Max is one insurance that allows you to be prepared for the uncertainty for a small premium. Their Child Max Insurance policy ensures that should you need to take time off from work to look after your sick child, you will receive your take home salary for 12 months whilst on unpaid leave. Your claim payments are also tax free.
Is ChildMax expensive?
In the words of Insure with Max –
For example, A parent with 2 young children with a £1,800 take home salary per month would expect to pay £106 (Inc. IPT) for the annual insurance policy. If 1 young child, then expect to pay £60 for £1,800 take home salary.
Paying £60 annually for a £1800 take home salary is nothing in the scheme of things as it works up to £5 a month. Who would not want to pay the for peace of mind?
ChildMax has evolved from Max’s personal experience and you can read more about it here He works hard to keep premiums low to assist working families so they are able to take care of their children, while earning a salary.
ChildMax is also offered to self-employed parents. There is a limit on the take home salary of £5000 a month, which is a pretty substantial amount I feel.
This may be the last thing you want to thing about. I know – no one likes to talk about illness especially when it concerns one’s children. But sometimes we have to think about it so we are prepared. And ChildMax ensures that you are.
Here is some more information about how Insure with Max works –
We are also having a Twitter chat on Friday from 11.15 am – 12 noon and I’d love you to join us. Follow #ChildMax on Twitter.
If you want to know more about the product, here’s the video