Income Protection

 

So, what is income protection? Income protection insurance pays out an income if you're unable to work because of illness, disability or injury. Income protection cover aims to put you back to the position you were in before you were unable to work. It pays a regular tax- free monthly income.
It does not allow you to make a profit out of your misfortune. So the maximum amount of income you can replace through insurance is broadly the after UK -tax earnings you have lost less an adjustment for state benefits you can claim. This is usually translated into a maximum of 50% to 65% of your before-tax earnings.

As with all insurance, the trick to buying the right type is to consider exactly what it is that you need it to do for you. You need to have a very close look at the small print of any policy to make sure it will pay out when you want it to.


There are general long-term income protection repayment policies designed to kick in between when your employer stops paying sick pay, and when you collect your pension.
There are shorter-term policies to protect a mortgage, bank loan or other payment. These often start after a few weeks but tend to stop entirely after 12 months or 24 months.

"A great price with all the benefits I need for my family"

Paul Marshall, Birmingham

We compare the UK's top insurers

  • Bupa
  • Legal & General
  • Liverpool Victoria
  • AXA
  • Norwich Union

Why Compare with Us?

  • Genuine income protection insurance comparison quotes available in seconds
  • Compare over 40 leading income protection insurance providers
  • We have over 15 years of income protection experience
    ... find out more
Instant Quote > 

Product Reviews & Pricing

  • Simply select your occupation and the cover you require
  • Sit back and get an instant comparison of all the leading income protection insurers in the market
Go to Reviews > 

Our Services

Contact Us

If you have any questions or need help or guidance please call 0845 257 2197