What is Income Protection?

Income Protection is an insurance developed specifically to replace the income you would lose should you be unable to work due to an illness or injury. As the income earner, your dependents rely on you to provide for them in good times and in bad. No income can create tremendous financial stress at a time when you need to be concentrating on your swift recovery.

There are several options available to you to replace part of your income whilst unable to attend work; Agreed Value and/or Indemnity Value. Which is the most suitable for you will depend on a number of factors including the type of work you do, whether you are self-employed, and how much you wish to pay.