What is income protection insurance? 

What is income protection insurance? 

Formerly known as permanent health insurance, income protection is an insurance policy that pays out if you're unable to work because of injury or illness. 
Income protection usually pays out until retirement, death or your return to work, although short-term income protection policies, which last for one or two years, are also available at a lower cost. 
Neither income protection or short-term income protection pays out if you're made redundant - but they will often provide 'back to work' help if you're off sick. 
Income protection is different from critical illness insurance, which pays out a lump sum if you fall seriously ill. 

Why do I need income protection insurance? 

Why do I need income protection insurance? 

Given the low level of state benefits available, everyone of working age should consider income protection. 
Millions of us have policies such as private health insurance, gadget insurance , sold to us over the years by salespeople who convinced us we needed protecting. However, while they were right about the protection, they were often wrong about the policies. The one protection policy every working adult in the UK should consider is the very one most of us don't have - income protection. 

Do I need it? 

Do I need it? 

According to the ABI, one million workers a year find themselves unable to work due to a serious illness or injury. 
It doesn’t matter whether or not you have children or other dependants – if illness would mean you couldn’t pay the bills, you should consider income protection insurance. 
You’re most likely to need it if you’re self-employed or employed and you don’t have sick pay to fall back on. 
If you're employed it might be best to check what your employer will provide for you if you’re off sick. 
You might not need income protection insurance if: 
You could get by on your sick pay.  
You could survive on government benefits.  
You have enough savings to support yourself.  
Your partner or family would support you.  

Income protection quotes 

Income protection quotes 

The level of protection you need will depend on your individual circumstances. Whether you are single or married, have children or grandchildren, you’re working or retired - everyone's needs are different. Our experts will work with you to establish what the right level of cover is for you to ensure you are fully protected. 
Call us on 0330 128 0989 to receive an income protection quote from our experts. 

Don't just take our word for it 

Don't just take our word for it 

Here are a few ways we have changed our customers’ lives. 
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