Types of Income Protection Policy


The insurance industry can confuse customers and itself with the titles it gives to types of policy within the wider definition of Income Protection Insurance. The narrow definition of Income Protection Insurance only applies to products, which pay you an income if you become unable to work due to sickness or injury.

We are following consumer logic by including within Income Protection Insurance, other products which the industry calls Mortgage Payment Protection Insurance, Payment Protection Insurance, and International Income Protection. To add to the confusion, other commonly used names for income protection are; Permanent Health Insurance (PHI)-which was used in days before the Income Protection name was used, Income Replacement Insurance, or Long Term Disability Insurance
Policies to protect mortgages, loans or credit card debts are frequently called Accident Sickness Unemployment (ASU) policies.

Insurers themselves often confuse it further by using product names like " Protection " which can include income protection, critical illness, life and other products. The insurance industry has realised that the confusion is turning people away from income protection insurance. So it has set up the Income Protection Task Force to seek solutions. Early suggestions include some standardisation of non-competing elements to help compare products, and even yet another name change. 

"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