This type of policy is available to you if you have a medical condition or have been in an accident that has stopped you from being able to do your job due to ill health. If you are covered within your current employment, then we will factor this in when setting up your policy.

The last thing anyone wants is to fall behind on their bills when recovering from an illness or injury, this will give you the financial protection you need. You will still receive a regular income and help you cover any financial commitments.

For example, in some jobs you can receive 6 months full pay 6 months half pay if you are off work long term, or if you receive your full or part of your income for the first 3 months we will set your policy to start after this period, this means that your bills will still be paid.

Your premiums are determined by your policy and personal circumstances. Factors that affect the amount you pay per month are:

• Type of job and the level of risk
• Age
• How much of your income is covered
• Current health
• The term of your policy
• Your deferred period
• The length of time the insurance will pay out for when a claim is made

Income protection is paid out to you as a regular monthly payment and is a percentage of your salary, this is paid until you can return to work.

Is there a chance my policy may not be accepted?

This type of insurance isn't for everyone as there are some circumstances where you may not be able to apply for this type of policy or may not find it necessary, such as:

• If your employment sick pay can cover your time off work due to illness
• If you receive Government benefits and can live comfortably on this amount for the period of time needed
• If you have money in your savings to cover bills and outgoings whilst out of work
• If family or friends can support you financially

It is best to weigh up all of your options before commiting to an insurance policy. This can benefit many people but also isn't right for everyone. A broker will be able to discuss your options with you and find you the best deal to suit your personal circumstances.

If income protection is something you are interested in, contact us today at 0151 662 0188 or email [email protected].