Income Protection Insurance

Reasons to choose Income Protection Insurance

Think about it - you're more likely to be off work sick than you are to pass away before retirement, so this is the most essential cover available
If you're sick or injured, this insurance will enable you to pay your bills and provide for you and your loved ones
Where state benefits can and do change inline with government policy, this cover is a contract and a promise to you that won't change

Why taking expert advice makes the difference

Income protection is one of the most important insurances, as without a regular income you could be hard-pressed to pay the bills
Even if your budget is tight - we'll help you prioritise which cover is best for you
Being unable to earn is less of a worry when you know your wages are protected

Watch our Income Protection Cover video

Frequently asked questions about this type of policy

What is Income Protection?

Income protection insurance can provide an income if you’re unable to work through sickness or injury - covering your essential outgoings.

You’re more likely to be off work sick or with an injury than you are to pass away before retirement. Whilst you may receive sick pay from your employer, not everybody does and some people overestimate how much they get. Income protection can provide that financial safety net.

How long does Income Protection pay out for?

Income protection policies can be divided into two general types: short-term and long-term. A short-term policy, as its name implies, only gives you an income for a present limited time, such as six or 12 months. Long-term policies pay you for as long as the policy allows, which might be right through to your retirement or a longer set period, such as 40 years.

Can self-employed people get Income Protection?

Of course. income protection insurance is available to self-employed, primary carers, part-time workers, contractors and more; our expert advisers can provide you with a tailored quote.

Even if you have some difficulty proving your income, there are plenty of options available.

What is the average cost of Income Protection?

Like most insurance products, the cost of income protection differs from person to person. Monthly premiums will be calculated based on a number of factors including: your age, your marital status, whether you smoke or have previously smoked, your lifestyle (such as whether you have any high-risk hobbies like extreme sports), your job and your health. It will also depend on how much cover you choose to take out, and the deferral period you decide on.

What does Income Protection cover you for?

Income protection covers you for most illnesses that leave you unable to work: stress-related illnesses, back conditions, cancer or a serious heart condition. The focus is on not being able to work, as opposed to the illness or injury you’ve sustained.

You won’t be covered for pre-existing and chronic conditions that you knew about before taking out your policy, alcohol or drug misuse, criminal acts, cosmetic surgery or redundancy.