Income protection is a product that can provide a replacement monthly income in the event of an individual being continuously off sick for more than a certain amount of time. This can vary from 1 day up to 2 years. Once a successful claim is made, and subject to the sickness being continuous, a policy can pay out for up to 1 year, 2 years, 5 years or up until a certain age or your intended retirement age.
The maximum amount of cover that you can have varies from one insurer to another, and takes into account things like how hazardous your job is, your health history, family history and whether you smoke or not. This means the cost and availability of insurance from one insurer to another can sometimes be different.
By using information about you and our knowledge of the insurers, we can tailor and research an appropriate solution that best fits your needs.