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Income Protection

An Income Protection policy provides a regular tax-free payment each month for the policyholder if they are unable to work through long term sickness or injury. This product is sometimes referred to as 'Permanent Health Insurance'.

Income Protection insurance is designed to reduce the effects of this loss of income. It works by paying an income, usually equivalent to 50-65% of a policyholders normal salary, if they are unable to work for a long time. The income is generally paid until they reach usual retirement age, but will automatically stop if they return to work.

Income Protection insurance can be taken out if policyholders are an employee, self-employed or a houseperson. Our cover provides a range of options that can be tailored to suit the needs of your policyholders and their families.