Income Protection Insurance

How does income protection work?

To make a claim, you’ll typically need to be signed off work by a medical professional. However, remember that policies may not cover pre-existing conditions or certain high-risk occupations, so it’s essential to read the terms carefully and check the details with our experts.

Your policy and the payments kick in after a waiting period, known as a ‘deferred period’. This is usually between 4 and 52 weeks, depending on what you choose when setting up your policy.

Once the payments begin, they’ll typically continue until:

• You’re able to return to work
• Your policy ends
• You reach retirement age (depending on your cover)

Our insurance experts can help you tailor your policy to suit your job, income, and lifestyle, enabling you to receive financial support as soon as you need it.

Do you need income protection insurance?

If you rely on your income to pay for your mortgage and everyday living costs, income protection is worth considering. It’s especially useful if:

• You’re self-employed or don’t receive sick pay from your employer
• You pay your mortgage with your salary
• You want to avoid dipping into savings or relying on benefits

It’s about staying on top of your finances, even when you’re out of work.  

How much does income protection insurance cost?

Like all insurance policies, the cost depends on your age, health, job, income, and the level of cover you choose. Generally, the longer your deferred period, the lower your monthly premiums.

Our team can help you compare options and find a policy that fits your budget and needs.

How do I choose the best income protection policy?

There’s no one-size-fits-all answer. The best policy for you depends on your job, income, and how long you can manage without a salary. Some people combine income protection with other types of insurance for broader cover.

We’re here to help you make sense of your options and find the right protection for your future.