Income Protection Insurance
Replace your income if you're unable to work due to illness or injury, so you can focus on recovery, not bills.
FCA Regulated
Extensive Lender Panel
Based in Uxbridge
UK Wide Coverage
24hr Response
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Income protection insurance pays a regular monthly income if you can't work due to illness or injury. Unlike critical illness cover (which pays a one-off lump sum), income protection provides ongoing support until you return to work, reach retirement age, or the policy ends. It's the closest thing to a financial safety net for your earnings.
How Income Protection Works
- Pays up to 60–70% of your gross income (tax-free)
- Covers almost any illness or injury that prevents you working
- Pays out after a chosen deferral period (typically 4, 8, 13 or 26 weeks)
- Continues paying until you recover, retire or the policy ends
- Premiums can be guaranteed or reviewable
Who Should Consider Income Protection?
- Self-employed workers with no employer sick pay
- Contractors and freelancers
- Anyone whose employer only offers statutory sick pay
- Higher earners who would struggle on reduced income
- Mortgage holders who need to keep up repayments
Frequently Asked Questions
What's the difference between income protection and critical illness cover?
Income protection pays a regular monthly income for any illness or injury that stops you working. Critical illness cover pays a one-off lump sum only if you're diagnosed with a specific listed condition. Income protection is broader and pays repeatedly; critical illness is a single payout.
Can I claim income protection for stress or mental health?
Yes. Most income protection policies cover mental health conditions including stress, anxiety and depression, provided you meet the definition of incapacity in your policy. This is one of the most common reasons for claims.
Is income protection tax-free?
Yes. If you pay your own premiums (not via your employer), any income protection payouts are completely tax-free.
Ready to Get Started?
Speak with one of our expert advisers today, initial consultation at our expense, and without obligation.