Income Protection Cover pays you a monthly income if you become ill, injured or disabled and can’t work. The policy is designed to pay you until you’re well enough to go back to work, or until you reach the end of your plan. There are a number of different companies offering income protection insurance and we will be happy to ensure that you have the cover that is right for you.
If you are self-employed, you could start getting an income as early as seven days after you stop working.
If you are employed, you could receive a cash bonus on top of your normal salary, after you start working again.
There are other providers of Payment Protection Insurance [Short-Term Income Protection] and other products designed to protect you against loss of income. For impartial information about insurance, please visit the website at www.moneyadviceservice.org.uk