Income Protection
Clear information about income protection, what to consider and the next steps before requesting a quote.
What is Income Protection?
Income protection is designed to provide a regular benefit if illness or injury prevents the insured person from working, subject to the policy definition of incapacity and other terms.
Who might consider this cover?
It may be relevant where regular earnings are important for meeting household commitments. Policies can differ significantly in deferred periods, benefit periods, occupation definitions and the percentage of income that can be insured.
Key things to understand
This is the period before an eligible benefit starts. A longer or shorter deferred period can affect the cover and premium.
Check how the policy defines being unable to work and whether the definition changes during a claim.
Review the maximum benefit, how long it can be paid and any restrictions linked to earnings.
Pre-existing conditions, occupation and other circumstances can affect eligibility or the terms offered.
What to check before arranging cover
Check the quotation, policy wording, schedule and any endorsements together. Pay particular attention to eligibility, insured events, exclusions, excesses, limits, waiting or deferred periods where applicable, and any conditions you must follow. The exact cover is determined by the insurer’s documents, not by this general website information.
Information we may need for a quote
The details required depend on the product. We may ask about the person, property or business being insured, the cover required, previous insurance and claims, and other information relevant to the insurer’s questions. Please provide complete and accurate information and tell us if relevant circumstances change.
Common questions
Does every policy provide the same cover?+
No. Insurers can use different definitions, limits, exclusions, excesses, eligibility rules and policy conditions. Compare the quotation and policy documents that apply to the cover being considered.
Will everything described on this page be covered?+
Not necessarily. This page gives general information only. The quotation, policy wording, schedule and endorsements confirm the actual cover and conditions.
What information will I need for a quote?+
The information depends on the product and insurer. We will tell you what details are required for the particular enquiry.
What happens after I make an enquiry?+
Tell us the type of cover you are interested in and provide the requested details. We can then explain the next steps and the information relevant to the available quotation.
This page provides general insurance information and is not a policy document. Cover is subject to insurer acceptance, eligibility and the terms, conditions, exclusions and limits of the policy offered. Read the relevant product and policy documents before deciding whether to proceed.
Ready to make an enquiry?
Tell us which cover you are interested in and we will explain the information needed for the next step.