Income Protection.

Affordable, easy to compare income protection quotes tailored to your needs.

  • Covers inability to work 
  • Customizable coverage 
  • Available to self-employed

Get a quote

What is Income Protection Insurance?

Income protection insurance is a type of insurance policy that provides financial protection to individuals in the event they become unable to work due to illness, injury, or disability. Also known as disability income insurance or income replacement insurance, this coverage ensures that policyholders continue to receive a portion of their regular income during the period they are unable to work and earn a living.

Types of income protection insurance

Get a quote now!

Ensure your peace of mind with Pure Cover’s Income Protection Insurance. In the face of unforeseen health challenges, rely on our dependable and personalized policies. Don’t leave your financial security to chance; make a wise choice by selecting us as your trusted partner.

The benefits of our income protection insurance

Covers inability to work

Policies pay out if you are unable to work for an extended period due to sickness or injury, providing income stability.

Customizable coverage

You can customize your policy in terms of payout amount, length of coverage, waiting period before benefits start, etc based on your needs.

Available to self-employed

Income protection policies are available not just for employees but also for self-employed individuals, providing a safety net.

Is Income Protection Insurance Right for You?

Consider income protection insurance in the UK if, in the event of an injury or illness, you would find it difficult to make ends meet. Due to illness or injury, around a million people are unable to work each year, and the majority of them are unable to pay their bills on their own for an extended period of time. Anyone looking to guarantee that their income will always be safeguarded in the UK should consider income protection insurance.

WANT TO GET INSURED»

Get a quote now!

Ensure your peace of mind with Pure Cover’s Income Protection Insurance. In the face of unforeseen health challenges, rely on our dependable and personalized policies. Don’t leave your financial security to chance; make a wise choice by selecting us as your trusted partner.

Income Protection Insurance


Don’t let a serious illness or injury turn into a financial burden.

What would you do if you became seriously ill or injured and could no longer work? How would you support yourself, and your family, and pay your bills? Sick pay from work often only provides a portion of your regular income, and savings only lasts so long.

Imagine a safety net for your finances, a buffer against the unexpected. That’s what income protection insurance is all about. It’s a vital lifeline, providing financial stability when life throws curveballs like illness or unemployment your way. 

However, you may be wondering, “How do I find a reliable provider of income protection insurance in the UK?” That is where we come in. We’ll point you in the direction of suppliers who are licensed by the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA), ensuring your safety. These authorities ensure that all registered insurance businesses follow stringent criteria, so you can be confident that your income protection is in excellent hands.

Types of Income Protection Insurance

Imagine a safety net, catching you in case of illness or disability, preventing you from tumbling into financial hardship. That’s what group income protection is – a valuable employee benefit provided by employers. However, it doesn’t extend its protective shield to those facing layoffs or redundancy. 

Enter executive income protection – your personal superhero in the insurance world. Unlike its group counterpart, this isn’t a benefit provided by your employer. It’s often more comprehensive, shielding you from the financial impacts of illness, disability, and even redundancies and dismissals. Plus, it can unlock additional perks like access to assistance services and early intervention access. 

If the prospect of losing your job makes you nervous, consider purchasing unemployment insurance. This form of insurance acts as a financial lifeboat, ready to keep you afloat if you are abruptly laid off.

What Does Income Protection Insurance Cover? 

Imagine a safety net for your salary. That’s what income protection cover offers. It steps in when life throws a curveball, like an illness or disability that leaves you unable to work, paying out a set monthly amount based on your premiums and chosen cover.  

Income protection policies can cover anywhere from 50-70% of your gross salary (that’s your salary before tax). The maximum monthly benefit you can receive is determined by the individual policy of your insurer.  

But don’t expect to receive your full income. The payout depends on your employer’s sick pay scheme. For instance, if you’re getting three-quarters of your salary from your employer, the insurance policy will typically cover only the remaining quarter.

What is an Income Protection Benefit?

Imagine a safety net that catches you when life throws a curveball. That’s precisely what income protection insurance offers. It’s your financial guardian angel, ensuring you and your family stay afloat in times of unemployment, illness, or disability. 

Every month, it reliably delivers a set sum to your account. Whether you’ve got a mortgage to pay, debts to settle, rent due, or household bills piling up, this insurance has got you covered. 

Typically, income protection insurance steps in to replace a chunk of your lost salary. But some policies go the extra mile, offering a lump sum payout if you’re unable to work. It’s peace of mind, delivered in dollars and cents.

What About Statutory Sick Pay? 

Imagine falling ill or getting injured and being unable to work. The government steps in with Statutory Sick Pay (SSP), but it’s a pittance compared to your usual income. This is where income protection cover shines—it’s like your financial superhero, swooping in to save the day when SSP just doesn’t cut it. 

But what if you’re part of a company’s sick pay scheme? It can get a bit complicated, affecting your income protection cover. Don’t fret—there’s help at hand. Seek guidance from an independent financial consultant to ensure you have adequate coverage. Using the connections on this page, you can locate excellent counsel. seek advice from an independent financial adviser to ensure you’re getting the right level of cover. You can find a top-notch adviser through the links on this page. 

Ever wondered about Short-Term Income Protection? Let’s dive in! 

Short-term income protection cover is your financial lifeline when you’re temporarily off work due to sickness or injury. It’s designed to cover a chunk of your pre-tax salary—typically 25-50%—for a set period, usually up to a year. 

The best part about short-term income protection? It’s speedy. These policies are usually set up in no time, meaning you won’t be left hanging when you need help the most.

Could Income Protection Insurance Be Your Financial Safety Net?

Imagine a scenario where illness or injury derails your ability to work. Would you be able to stay afloat financially? Unfortunately, for nearly a million people each year, this becomes a harsh reality. Income protection insurance can be the lifeline that keeps you from sinking, ensuring your income remains secure, no matter what. 

In addition to income protection, Pure Cover offers life insurance, providing your family with financial stability in the event of your passing. 

How Can I Learn More About Income Protection Insurance?

Ready to explore income protection insurance? It’s crucial to gather all the necessary information before diving in. You can start by exploring the British Insurers website or consulting with an independent financial adviser. 

When selecting a policy, consider the extent of the cover, the policy’s terms and conditions, and the monthly premium. It’s also crucial to ensure the insurance company is registered with the Financial Services Register. If any issues arise, the Financial Ombudsman Service is there to assist. 

Lastly, don’t forget to review the insurer’s privacy notice. It’s crucial to understand how your personal data will be used and the rights you hold if you need to make a claim.

Ever wondered what income protection insurance really is?

Imagine a safety net that catches you when an illness or injury stops you from working. That’s essentially what income protection insurance is – a long-term policy that steps in to replace part or all of your regular income. 

Curious about the cost of income protection insurance?

The cost can vary depending on your provider, coverage needs, job, health status and age. You can find basic plans starting at around £8 per month, but for more comprehensive coverage or if you have serious health concerns, costs can climb. 

Wondering what’s covered by income protection insurance?

Income protection insurance puts a safety blanket over your income, covering you in cases of: 

  • A severe injury
  • A serious illness

The catch? You must be unable to work for a significant period of time.

What is not covered by UK income protection insurance?

Income Protection Insurance isn’t a magic umbrella that shields you from every storm. It has its limitations. Here are some situations that won’t be covered: 

  • Injuries you’ve caused to yourself
  • Injuries from high-risk professions like coal mining or working at extreme heights
  • Injuries from high-risk activities like rock climbing or deep-sea scuba diving
  • Mental health conditions
  • Injuries or illnesses incurred during criminal activities

Is unemployment ever covered by income protection insurance in the UK?

It can be. Some providers will offer the option to include protection for unemployment. This is often called a “redundancy benefit” – it replaces a portion of your income in the case that you are involuntarily unemployed. It will not cover you if you are fired by fault of your own or quit.

What is short-term income protection?

A short-term protection plan pays out for a fixed term that you choose in the case of serious but not permanent injury or illness. Terms are usually 6 months, 1 year, or 2 years.

What is long-term protection of income?

Long-term financial protection plans pay out until the plan expires or you retire in the case of a serious or terminal illness that makes it unlikely you’ll ever return to work.

Do I get paid in a lump sum?

No. You get payments in the form of monthly income.

How is income insurance different from critical illness cover?

Unlike critical illness cover, which is paid as a lump sum should you fall critically ill, income insurance pays out in the form of monthly income. It may often include coverage for more illnesses and injuries than critical illness cover.

How much money will I get from income protection insurance (UK)?

This depends on your provider. Most providers have a maximum claim set to your after-tax earnings, minus any government benefits or other payments you might be receiving. Typically, the maximum payout is about 70% of your income. Of course, the lower your coverage, the lower your premiums.

Is there a waiting period before I start receiving payments?

Yes. It is called the deferred period, and it can last anywhere from 4 weeks to one year. Most people will set their payments to start after their sick pay and payments from any other insurance policies end. The longer you set your waiting period, the lower your premium will be.

How long will I receive payments from my protection of income?

This depends on your policy. Typically, providers will offer monthly payments until your plan expires, you go back to work, or you hit retirement age – whichever comes first.

Can I be protected even if I’m over the normal retirement age?

Usually not. Most providers will require you to be under the age of 65 or 70 in order to receive coverage.

Can I make more than one claim?

Yes. You can make as many claims as you need to until your policy expires.

Conclusion

Imagine having a safety net when life throws a financial curveball your way. That’s exactly what income protection insurance is – a lifeline during periods of financial strain or job loss. It offers a set monthly payout to help you stay afloat, covering expenses like rent or mortgage payments. 

Every individual’s needs are unique, and so are the types of income protection cover available. It’s important to thoroughly research, understand the policy terms and conditions, and verify the cover provided before committing to any policy.  

Grasping the different types of cover and the financial safety they offer is key. With this knowledge, you can secure the right level of protection. This is your shield, your safeguard for you and your family during tough times.

How can I get covered now?

This one’s easy! Click here to get yourself a free income protection policy insurance quote.

Articles & Guides

Explore Pure Cover’s enlightening articles and guides, your trusted resource for clarity on all things related to Income Protection Insurance.

Life Insurance for Young Adults in the UK: Starting Early

Jonathan Harvey

26/02/24

Life Insurance for Young Adults in the UK: Starting Early

Read more

Jonathan Harvey

26/02/24

Retiree Life Insurance: Secure Your Future with Comprehensive Coverage

Read more

Life insurance for Generation Z

Jonathan Harvey

25/02/24

Generation Z Life Insurance: Protecting Your Future with the Right Coverage

Read more

Jonathan Harvey

25/02/24

Millennial Life Insurance: Protect Your Future with Affordable Coverage

Read more

Life insurance for newlyweds

Jonathan Harvey

24/02/24

Newlywed Life Insurance: Protecting Your Future Together

Read more

Life insurance for veterans

Jonathan Harvey

24/02/24

Veterans Life Insurance: Protecting Your Future and Your Loved Ones

Read more

Life insurance for LGBTQ+

Jonathan Harvey

23/02/24

LGBTQ+ Life Insurance: Protecting Your Future with Inclusive Coverage

Read more

Life insurance for business owners

Jonathan Harvey

23/02/24

Business Owners’ Guide: The Importance of Life Insurance for Your Business

Read more

Life insurance for freelancers

Jonathan Harvey

22/02/24

Freelancer Life Insurance: Protect Your Future with Comprehensive Coverage

Read more

Life insurance for stay-at-home parents

Jonathan Harvey

22/02/24

Stay-at-Home Parents: Secure Your Family’s Future with Life Insurance

Read more

Life insurance for young adults

Jonathan Harvey

21/02/24

Young Adults: Secure Your Future with Life Insurance

Read more

Endowment Life Insurance Policies in the UK

Jonathan Harvey

21/02/24

Endowment Life Insurance Policies in the UK

Read more

Life Insurance for Freelancers and Self-Employed in the UK

Jonathan Harvey

20/02/24

Life Insurance for Freelancers and Self-Employed in the UK

Read more

Life Insurance Myths Debunked: UK Edition

Jonathan Harvey

20/02/24

Life Insurance Myths Debunked: UK Edition

Read more

Life Insurance for Parents: Securing Your Family's Future in the UK

Jonathan Harvey

19/02/24

Life Insurance for Parents: Securing Your Family’s Future in the UK

Read more

Mortgage Life Insurance in the UK: Protecting Your Home

Jonathan Harvey

19/02/24

Mortgage Life Insurance in the UK: Protecting Your Home

Read more