Income Protection Insurance
Protect your lifestyle in the event of sickness
- Comprehensive cover bespoke to your needs
- Competitive prices from leading insurers
- Protection and peace of mind
Access to leading providers
We work with leading insurance providers with comprehensive policies that meet your needs to provide you and your family with peace of mind:
What is Income Protection
Income protection provides you with a tax-free monthly income to replace your regular income in the event you’re unable to work due to illness or injury so you can you can continue to meet your financial commitments.
This can protect your important bills such as your mortgage/rent for your home as well as your basic living expenses such as food and utilities. There are various types of income protection insurance available and your advisor will be able to help identify the right one for your circumstances.
Answer a few simple questions and we will then connect you to your personal Insurance expert.
Your expert will help you find the right
product for your circumstances to provide you and your family with
peace of mind.
All your application paperwork and follow up activities will be taken care of for you.
Why do I need Income Protection?
If you do not receive sick pay or when your sick pay ends income protection insurance is important to enable you to protect you & your families lifestyle. Income protection replaces your income at the point that you no longer receive an income.
You can use the money to cover important bills such as your mortgage/rent for you home as well as your basic living expenses such as food and utilities.
- Provide peace of mind in the event of injury / illness
- Give stability for you & your family at a potentially uncertain time
- Reduce impact on lifestyle (e.g. food, children's clubs / activities etc.)
- Maintain your critical bills such as your mortgage / rent
- Reduces the likelihood of ending up in arrears / bad credit
- Not sure what you need? Speak to an insurance expert
How long does Income Protection provide cover?
The length of time that your income protection covers you will dependent on the length of your term. As your income protection policy is protection to replace your income generally it is recommended to take a policy until your planned retirement age.
There are two options available in respect of the claim period on an income protection policy:
- Long term income protection - this covers you until retire or the end of the policy term, whichever is sooner. So in other if become unable to work until retirement the policy would replace your income for the full policy term
- Short term income protection - this an option available where you select a claim period of either 1, 2 or 5 years generally and the benefit of these policies is that they are cheaper. You can make multiple claims on your policy over the term, but each individual claim period would not exceed the defined claim period.
Your advisor will talk you through your options and tailor your recommendation to meet your needs and budget.
How much does income protection cost?
The costs of income protection will depend on your circumstances as well as the insurance that you need. Here are the key factors:
- Amount of Cover - the higher the amount of cover you need the more expensive your premium, however it is important to have sufficient cover to meet your objectives
- Occupation - if your occupation is considered to be high risk (i.e. more likely to claim) by the insurer, this will impact the cost of your premium
- Age - as you get older you are more likely to become ill or injured, meaning you’re a higher risk to your insurance provider.
- Health - if you are a smoker and/or have pre-existing health conditions, this may make you more likely to make a claim
- Lifestyle - if you take part in high risk activities or extreme sports, it may be considered that you are more likely to be injured
- Not sure what you need? Speak to an insurance expert
What do I need to get a quote?
Answer A Few Questions
Our Expert Will advise
We will complete an application with you
As part of the application, your expert will need to run through a series of questions with you:
- Details about you & your families health and medical history including any pre-existing medical conditions
- Information about your lifestyle including your occupation and whether you drink or smoke
- Whether you participate in any hazardous (high risk) hobbies (eg. Skydiving, base jumping etc.)
In most cases, you won’t need a medical exam. But if we do ask you to have one, don’t worry there won’t be any costs.
Be Confident
- Our Insurance Products
Our Insurance Products
Life Insurance
What is life insurance? Life insurance helps give your family financial protection should you pass away within the policy term.
- Pay off your mortgage & debts
- Provide family with an income
- Pay for university costs for your children
- Cover funeral costs
Critical Illness
What is critical illness cover? It's an insurance policy that helps protect you if you become critically ill during the policy term. It pays out a tax-free lump sum
- Provides essential funds when you need it
- Pay off your mortgage & debts
- Cover for potential medical expenses (e.g. doctors fee, medication, nursing support etc.)
- Changes to your home to meet your needs (e.g. ramps, stairlifts etc.)
Income Protection
What is income protection insurance? It's an insurance policy that can help support you with a monthly payment if you're ill or injured and can't work.
- Peace of mind in the event of injury / illness
- Stability for your family
- Reduces impact on lifestyle (e.g. food etc.)
- Maintain your critical bills such as your mortgage
- Reduces the likelihood of ending up in arrears / bad credit
Home Insurance
Cover for your buildings and contents. Home Insurance protects your home inside and out – covering your building and belongings.
- Peace of mind that your home &/or possessions are protected
- Buildings insurance covers the cost of repairing or rebuilding your home if it's damaged
- Contents insurance protects your personal possessions
Why Choose Insurance Confident?
At Insurance Confident we know how important it is for you to understand your
insurance and know that you & your family are protected. That’s why we are here to
offer you:
Personal Touch
Your expert will guide you through your options, answer your questions and take care of the application paperwork & phone calls. Making sure you are ‘Insurance Confident’.
Specialist Requirements
With a range of specialist products available, we will be able to help, even in the most complex circumstances.
Leading Providers
Our experts will provide access to the UK’s leading providers and have detailed knowledge of the range of products they have available
No Obligation Quote
Our friendly advisers are always on hand to help through-out your quotation
Reliable Insurance Brokers
Be assured with Insurance Confident
- Call us on 0300 303 6200 to speak to an adviser.
