How it works
You choose the monthly amount, how soon payments start after you stop working, and how long they could last. If illness or injury keeps you off work, the policy pays out month after month until you are back on your feet or the term ends.
It is the cover most advisers buy for themselves first, because your income is what everything else depends on.
- ✓A tax-free monthly income, typically up to 60% of your earnings
- ✓Deferral periods matched to your sick pay so you never pay for overlap
- ✓Short-term or full-term payout options to suit your budget
Built around your job and health
Premiums depend on your age, health, occupation and the options you choose. We compare insurers who treat your occupation and any medical history most fairly.
We also make sure the policy definition is own occupation wherever possible, so it pays out if you cannot do your job, not just any job.
- ✓Own-occupation definitions prioritised
- ✓Self-employed and contractor friendly options
- ✓Cover reviewed as your income grows
Documents you’ll need
Having these ready speeds everything up. Don’t worry if something is missing, your adviser will help you gather what’s needed.
- ✓Photo ID (passport or driving licence)
- ✓Proof of address (last 3 months)
- ✓Last 3 months’ payslips or 2 years’ accounts
- ✓Last 3 months’ bank statements
- ✓Proof of deposit or equity
- ✓Details of loans, cards and commitments
Common questions
It varies with age, health, occupation, deferral period and cover level. A longer deferral period or shorter payout term brings the premium down. We tailor the quote to your budget.
The gap between stopping work and the policy starting to pay, typically 4, 8, 13, 26 or 52 weeks. We match it to your employer sick pay and savings so you are never paying for cover you do not need.
Most quality policies cover any illness or injury that leaves you medically unable to work, including mental health conditions, subject to the insurer's terms. We point you to the strongest definitions.
Arguably more so, since you have no employer sick pay. Insurers assess your earnings from accounts or tax returns, and we know which ones treat variable income fairly.
Full-term policies pay until you return to work, the term ends or you retire. Budget versions pay for a fixed period, usually one or two years per claim, at a lower premium.
No. Personal income protection benefits are paid tax-free, because you pay the premiums from taxed income.
Protect the income everything relies on
A short call is all it takes to see what cover would cost for your situation.