Income and Accident Protection

Protecting the income your household relies on

It is impossible to eliminate the risk of illness or an accident. If you were unable to work, income protection could provide regular payments to help meet essential outgoings while you recover.

How income protection works

You pay a monthly or annual premium. If you cannot work for a reason covered by the policy, payments normally begin after an agreed waiting period and may continue until you return to work, retire, the policy term ends or another policy limit is reached.

Policies often cover a percentage of pre-tax income rather than the full amount. Premiums are influenced by factors such as age, health, smoking status, occupation, the level of cover and the selected waiting period.

Is it suitable for you?

Consider employer sick pay, savings, household income, financial commitments, retirement plans and any exclusions. Advice can help you compare cover and understand how it differs from life insurance and critical illness cover.

This information provides a general appreciation of the topic and is not personal advice. Policy terms, exclusions, waiting periods and eligibility apply.