Income Protection Insurance
Your health is your wealth. Sometimes literally.
Income Protection Insurance provides you with regular payments in the event you can no longer work due to an accident or illness. Unfortunately, state benefits in this situation are usually much lower than average incomes. With insurance, you’ll typically receive about 70% of your gross earnings (this may be less for higher earners) minus state benefits.
Bear in mind that only employment lost due to accidents and illnesses are covered, and even then there are some exceptions. Illness caused by alcohol or drug addictions and pregnancy are not covered, nor are accidents due to criminal activity or self-harm.
If you’re considering investing in Income Protection Insurance, talk to us about your options. Our expert advisors will be with you every step of the way, from finding the right policy, to support should you need to claim.