What is Income Protection Insurance?

Designed to minimise the impact that an injury or ill health has on a family, Income Protection Insurance ensures that you’ll continue to receive a regular income while you’re unable to work. Anyone can have this type of policy as a backup – and it’s particularly useful if you’re self-employed and don’t receive statutory sick pay.

"As an Independent Financial Adviser, we have access to the entire insurance market – so we can find you the best possible cover at the most competitive price. Because we’re independent, our approach is client focused rather than product led. We’re not here to sell insurance policies. We’re here to give expert advice that’s tailored to your requirements. And when we do this, the right policy follows naturally."

- Simon Claxton, financial services specialist at Macbeth

Being forced to take time off work can spell financial disaster for many people. The payments you receive from an Income Protection policy will help tide you over until you're earning again.

• Long-term cover – your policy can be set up to provide an income until you’re able to return to work or you reach retirement 
• Affordable premiums – you can keep costs down by increasing the length of time before your policy payments start or by limiting the payment period to a fixed number of years 
• Extra support – your cover can include rehabilitation services such as physiotherapy and psychological support