Income Protection
What is Income Protection?
- Provides regular income replacement if you are unable to work due to illness or injury.
- You can take out Income Protection cover of up to 75% of your earnings.
- Not everyone needs their income to start as soon as they’re out of work. If your employer pays you sick pay, you might only want your money to kick in after that. The time in between when you stop working and when we start paying you is called your deferred period. You can choose how long this is: 1, 2, 3, 6 or 12 months (4, 8, 13, 26 or 52 weeks). The longer you wait, the lower your premiums will be.
- Your income protection plan can provide cover to you up until your retirement age. The earliest age is 55 and the latest is 70.
How can we help you
- Identify the right amount of cover needed.
- Reduce costs on unnecessary cover.
- Provide better quality cover over the appropriate period of time.