Protecting more than income
64% of people would struggle within 12 months if forced to take an extended period of time off work. 41% expect to rely upon statutory sick pay, which is less than £100 per week.
Income protection can provide your client with an income if they can’t work, so they can continue to do the everyday things that are important.
Why income protection
- Designed to provide a regular monthly benefit if your client can’t work due to incapacity caused by an illness or an injury resulting in a loss of earnings.
- Pays out until they return to work, retire, die or policy ends, whichever happens first.
- The monthly benefit could be used towards mortgage or rent payments.
The two week deferred period is not currently available for new customers, including all those who submit applications subsequent to 19th March 2020