Income Protection Insurance UK

Income Protection Insurance UK

When you’re ill or injured and can’t work, our Income Protection Insurance UK is there to support you. It pays a proportion of your lost earnings so you can concentrate on looking after your health.

Why choose income protection?

Features and benefits to think about.

Monthly payment
The monthly payments will cover some of your lost earnings, helping you maintain your lifestyle while you’re away from work

Flexible cover
You can choose when your payments begin and how long the policy will pay out for if you’re unable to work. Your adviser will discuss the options with you

Supportive claims team
Our claims team is trained to understand how you’re feeling when you need to make a claim, and do everything they can to help

Fixed or variable benefits
Options include a fixed payment that stays the same for as long as you hold the policy, or benefits which increase with inflation

Buy through a financial adviser
To buy this policy, the first step is to talk to a financial adviser. If you decide the policy is right for you, your adviser can help you apply.

What you need to think about before you take out income protection insurance
Before you think about taking out Income Protection Insurance UK, ask yourself the following questions:

Do I really need income protection insurance?

Check:

• that you don't already get income protection insurance through work. Some employers offer this as a benefit. Your employment contract, handbook or personnel department will have details if this is the case



• whether you have some other kind of illness insurance combined with another insurance policy or with your mortgage which covers you for serious illness



• whether you have savings you can use instead of insurance. However, you need to think very carefully about whether you want to rely on savings. You may not be able to save enough to cover a long period of ill-health. And you may face another emergency, which would use up your savings and leave you with no cover for illness.

Is this the best type of illness insurance for me?

Check out all the different types of illness insurance to see which one would suit you best. For example, if you're worried about the cost of income protection insurance, you could think about taking out critical illness insurance instead which can be a much cheaper option. However, critical illness only covers a very limited range of illnesses and for a shorter period of time than income protection insurance uk.

If you're not sure which type of illness insurance would be best for you, you can help from an independent financial adviser.
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