If you are a sole trader, self employed or running a small
business, being unable to work following an accident or illness is no joke. No
work too often means no income, and money worries are the last thing you need
when you should be concentrating on your recovery.
Income Protection is a personal accident policy which provides a lump
sum and / or weekly benefit, following an accidental injury or illness which
prevents you from working. Weekly payments can be used to
pay for temporary help to keep thing going - or just to plug the hole in your
income. In the case of a serious injury, a lump sum payment could make the
future more comfortable by paying for modifications to your house or car.
Income Protection allows you to choose between accident cover only or accidents and illness - and to choose the level and duration of benefit. So you only pay for the cover you need.
Benefits fall into two categories
 | Death and Capital Benefits This provides a lump sum - up to £50,000 - if you are killed or suffer permanent loss of use of a limb, eye, speech or hearing or are permanently prevented from returning to your usual type work. |
| Weekly Benefits This provides a weekly income when you are temporarily prevented from working. There is a waiting period of between 14 days and 9 weeks (you choose) before payments start. A longer waiting period usually means a lower premium. |
Contact us today for an immediate quote to protect your income
The information on this page is for guidance only. Conditions and exclusions apply. Please refer to our full policy wording - available on request and with every quote.