Income Protection
What is income protection?
Income protection insurance pays you an agreed portion of your income each month, if you can’t work. This may be due to an accident or illness. The money can then be used to cover mortgage payments, bills and living costs. Policies can pay out throughout the term or for a few years, depending on the cover selected.
What is covered
Accidents – when you can’t work due to injury
Sickness – when you fall ill and cannot work
What is not covered
Pre-existing conditions