Income Protection
Helping you cope financially if you were no longer earning due to an illness or injury.
What is Income Protection?
Could you still pay your mortgage, bills or other living expenses if you were unable to work?
Income protection insurance provides valuable peace of mind. A loss of income can significantly affect a family’s lifestyle, and this type of insurance is designed to address that concern by offering a regular monthly payment.
How does it work?
Income protection insurance offers a monthly payment if you can’t work due to illness or injury, helping cover your mortgage and bills. This assurance can reduce stress and keep your future plans on track.
While many employees receive sick pay, this may not be enough if you need to take long term sick leave. Also, if you are self-employed you may not receive sick-pay and could drain your savings during a prolonged period of leave. An income protection plan not only covers immediate expenses but also protects your savings and investments.
Additionally, having this insurance may reduce the need for an emergency cash fund, allowing you to invest those funds in your pension or a Junior ISA for your children.
However, it should not be mistaken for critical illness cover, which provides a one-time lump sum payment upon being diagnosed with a serious condition like cancer or heart disease.
Speak to an adviser
Fill in your details and one of our expert advisers will be in touch.
You voluntarily choose to provide personal details to us via this website. Personal information will be treated as confidential by us and held in accordance with the Data Protection Act 2018. You agree that such personal information may be used to provide you with details of services and products in writing, by email or by telephone. By submitting this information you have given your agreement to receive verbal contact from us to discuss your requirements.
Contact Us