Protecting Your Income, Your Most Valuable Asset.
Your ability to earn an income enables you to pay your mortgage or rent, household bills and everyday living expenses. If illness or injury prevents you from working for an extended period, Income Protection Insurance is designed to provide a regular monthly income, subject to policy terms, so you can continue meeting your financial commitments while you focus on recovery.
How We Can Help
Choosing the right Income Protection policy involves much more than comparing monthly premiums. Insurers differ in their definitions of incapacity, deferred periods, benefit periods, underwriting criteria and additional features. As your Mortgage & Protection Adviser, we will:
- Take the time to understand your personal and financial circumstances.
- Discuss your income, monthly commitments and existing benefits.
- Explain how Income Protection works.
- Help you choose an appropriate deferred period and benefit period.
- Assess the level of cover that may be suitable for your circumstances.
- Search a wide range of leading UK insurers.
- Compare policy features, benefits and premiums.
- Explain policy terms, exclusions and limitations in straightforward language.
- Help you complete your application.
- Support you throughout the underwriting process.
- Review your protection as your circumstances change.
Our goal is to ensure you understand your options and choose a policy that provides appropriate financial protection.
What Is Income Protection Insurance?
Income Protection Insurance is designed to replace part of your income if you become unable to work because of illness or injury.
Unlike Critical Illness Cover, which usually pays a one-off lump sum for specified medical conditions, Income Protection is designed to provide regular monthly payments while you're unable to work, subject to the policy terms and conditions.
The monthly benefit can help you:
Mortgage or Rent
Continue paying your mortgage or rent.
Household Bills
Cover household bills and everyday living expenses.
Your Lifestyle
Maintain your lifestyle.
Your Family
Support your family financially.
Financial Pressure
Reduce the financial pressure caused by a prolonged absence from work.
Payments generally continue until you return to work, reach the end of the policy benefit period or retirement age, depending on the policy selected and its terms.
Why Might You Need Income Protection?
Many people assume that their employer's sick pay or state benefits will be enough if they are unable to work. In reality, this may not provide sufficient financial support for an extended period. Income Protection may help if you:
Rely on Your Salary
To pay your monthly bills.
Have a Mortgage or Rent
To pay each month.
Are Self-Employed
Or own a business.
Have Dependants
Children or family members who depend on your income.
Have Limited Savings
Want Greater Security
If illness or injury prevents you from working.
Having Income Protection in place can provide reassurance that you'll continue to receive an income if you're unable to work due to a long-term illness or injury.
Why Choose Us?
Whole of Market
We search a wide range of leading UK insurers rather than recommending the same solution to every client.
Personal & Friendly
Advice tailored to your individual circumstances, with clear communication and no unnecessary jargon.
Support Throughout
From your initial enquiry through to completion, and ongoing assistance afterwards.
Frequently Asked Questions
Critical Illness Cover usually pays a one-off lump sum if you're diagnosed with a specified illness covered by your policy. Income Protection provides regular monthly payments if you're unable to work due to illness or injury, subject to the policy terms and conditions.
The amount depends on the insurer's criteria and your circumstances. Most insurers allow you to insure a proportion of your income rather than your full salary. We'll help you understand the options available.
Income Protection policies have a deferred period before payments begin. You can often choose a deferred period that fits with your employer's sick pay or your available savings.
Depending on the policy you choose, payments may continue until you return to work, the end of the selected benefit period or your chosen retirement age, provided you continue to meet the policy conditions.
Yes. Income Protection can be particularly valuable for self-employed individuals and business owners who may not receive employer sick pay. We'll help you find a policy that's suitable for your circumstances.
Here to Support You
- Explaining your options clearly and without jargon.
- Searching a wide range of UK insurers.
- Recommending a policy that is suitable for your individual needs and circumstances.
- Helping you understand the features and limitations of each policy.
- Supporting you through the application process.
- Reviewing your cover as your needs change over time.