Protection for the life you are building.

What Is Income Protection Insurance?

Income Protection Insurance provides financial support if you’re unable to work for an extended period - whether it’s recovering from broken bones, managing mental health issues, or dealing with long-term illness, subject to the policy terms.

This insurance pays out a regular monthly income, helping you to:

• Cover essential expenses, including your mortgage, rent, and bills
• Maintain your standard of living without relying on savings or borrowing money
• Focus on recovery without the stress of financial worries

Why Is Income Protection Essential?

Think about how long your savings would last if you had to take months - or even years - off work. Would you still be able to afford your lifestyle once your savings ran out? If not, Income Protection Insurance is worth considering as a financial safety net.

• Pays a percentage of your income for the policy’s benefit period, which may extend to retirement age or until you’re ready to return to work
• Offers flexible cover depending on your needs - whether it’s short-term or long-term protection
• Provides peace of mind for you and your family

Do You Need Income Protection?

If you’re asking yourself:

• Could I live on Statutory Sick Pay?
• Would I be able to rely on government benefits alone?
• Do I have enough savings to sustain me until retirement?
• Is my partner’s income enough to support our family if I can’t work?

If the answer to any of these is no, Income Protection Insurance is worth serious consideration.

How does cover fit with sick pay and savings?

Your occupation, savings, sick pay and the time before benefits begin are all important considerations, particularly if you are self-employed.

Before choosing cover, discuss how long your existing support could meet your outgoings, when a policy could start paying and how long payments could continue. These questions help put the policy's waiting period and benefit period in the context of your own commitments.

Is income protection the same as health insurance?

No. Income protection concerns part of your income if illness or injury prevents you from working, subject to the policy terms. Private medical insurance concerns the cost of eligible private treatment. The two serve different purposes.

Explore life insurance and critical illness cover as part of the wider conversation.

Why Life Insurance Matters

Life is unpredictable, and while none of us like to dwell on the worst-case scenarios, having a financial safety net in place can make all the difference. Consider the everyday expenses:

• Mortgage Payments – If you pass away before paying off your home, your loved ones may be left struggling with repayments.
• Family Support – Raising children is expensive, and that includes education, childcare, university fees, and daily living costs.
• Spouse Protection – If you’re married, life insurance can help ensure your partner remains financially stable in difficult times.
• Funeral Costs – A funeral can be costly, and no one wants their loved ones to face unexpected expenses during such an emotional time.
• Inheritance Tax – Without the right plan in place, your family could face hefty taxes before receiving their share of your estate. A life insurance policy can help cover these costs and save them from financial strain.

Start with your circumstances

A conversation can consider who depends on you, your outstanding commitments and how long you may need cover. We help you understand the options in the context of your family and plans.

Cover depends on the policy terms, exclusions and your circumstances. Speak to your adviser before changing existing cover: a new policy may have different terms, exclusions or underwriting requirements.

Read about critical illness cover, income protection and the wider personal protection conversation.

Why Is Critical Illness Cover Essential?

Serious illnesses often strike without warning, leaving families in financial uncertainty. Critical illness insurance can provide financial support when a diagnosis meets the policy terms:

• Monthly bills & mortgage payments – If illness prevents you from working, your policy can help cover essential expenses.
• Long-term financial support – Many employers don’t offer benefits that provide sufficient care for prolonged illnesses.
• Supplementing state benefits – If government assistance isn’t enough, a payment can help support your family’s finances.

Understand the definitions

We can help you consider the financial impact of a serious diagnosis and understand the definitions, limitations and costs of the cover you are considering.

Your mortgage, everyday spending and family responsibilities all help shape a protection conversation. Existing cover and any benefits through work are worth considering too.

Different kinds of support

Private medical insurance concerns eligible private healthcare costs. Critical illness cover concerns a payment for a specified diagnosis that meets the policy definition. We can explain the distinction.

Income protection is designed to help replace part of your income if illness or injury prevents you from working, subject to the policy terms.

Please keep your initial message general. Your adviser will explain what information is needed and how to provide sensitive details appropriately.