Income Protection
Protect your future, get income protection
Income Protection
Income Protection Insurance is a type of policy designed to help protect you financially if you’re unable to work due to illness or injury.
It provides a regular income until you’re able to return to work, retire or until the end of the policy term. Income protection can give you peace of mind knowing that you and your family will be financially supported during difficult times.
We search a range of policies to suit your individual needs and budget, so you can find the right level of cover that gives you the protection you need. Let us help you secure your financial future and protect your peace of mind with our income protection insurance policies.
- Protect your loved ones and your peace of mind
- Please fill out a few basic details below and one of our expert advisers will be in touch!
FAQs - Insurance
What is Income Protection?
Income protection is an insurance policy that can pay you a regular income if you are unable to work due to an accident or illness. It can help you cover your essential expenses and maintain your lifestyle, providing you with peace of mind.
Who can benefit from Income Protection?
Anyone who relies on their income to cover their living expenses can benefit from income protection cover. It is especially useful for those who are self-employed or don’t have sick pay benefits from their employer.
How does Income Protection work?
Income protection cover pays out a regular income if you are unable to work due to illness or injury. You choose the amount of cover you need and the waiting period before the policy starts paying out. The longer the waiting period, the lower the premium.
How much does Income Protection cost?
The cost of Income Protection can vary depending on a range of factors, such as your age, health, and the amount of cover you need. It’s important to shop around and compare different policies to find one that offers the right level of cover for your needs and budget. Speak to one of our advisors, who can ensure you find the right product for your needs.
What type of Life Insurance do I need?
This is down to personal circumstances and how much cover you need. There are different types of life insurance to cover all your needs, they are:
- Traditional Life Insurance
- Critical Illness Cover
- Income Protection
- Whole of Life Insurance
Each one has different benefits and will come at different costs for the agreed term. Speak to us today to get support in finding the right product for you.
What factors can affect the cost of Income Protection?
The cost of income protection cover can be affected by various factors, such as your age, occupation, health, and the amount of cover you need. If you have a high-risk job or a pre-existing medical condition, you may have to pay a higher premium.
Can I have Income Protection if I'm self-employed?
In short, yes. This is probably one of the most important things when you’re self-employed. If you suffer from an illness or injury, which leaves you unable to work, what would you do? You may be able to apply for Employment and Support Allowance, which is nominal compared to your monthly income. You can expect to receive up to two-thirds of your monthly salary.
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