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What is income protection insurance and what does it cover It can help to replace some or all of your income over either a short or long period, with some policies covering you for as long as it takes you to return to work or retire Find out how income protection can support you if you find yourself unable to work.
What is income protection insurance Income protection insurance acts as a financial safety net should you ever become too ill to work Income protection insurance is a policy that pays out if you're unable to work because of injury or illness
It pays out regularly to replace a portion of your income
Formerly known as permanent health insurance, it's there to help you pay your household bills. Income protection is a type of insurance that replaces some of your income if you're unable to work because of illness or injury Its monthly payouts can help you stay buoyant through turbulent times, so you can focus on getting better and back to work. Income protection insurance can give you the peace of mind you deserve
A loss of earnings could have a real financial impact on any family’s lifestyle, and income protection insurance is designed to meet the needs of people who want to protect against this, by paying out a regular monthly amount. Information on income protection insurance, factors to consider before taking out income protection insurance and how to work out the level of cover you need. Who has the best income protection insurance to meet your needs Find out the uk’s top 10 insurers, plus more, in this useful guide by reassured.
Income protection insurance covers you if you can't work because of illness or injury
Many of us would struggle to keep on top of our essential outgoings, such as mortgage and rent, if we lost an income due to illness or an accident
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