Income protection pays you a regular monthly benefit if you are unable to work due to;
* An accident like a broken bone or a bad back
* Sickness like colds and flues, viruses or your more serious illnesses like cancer and heart attacks.
You can chose the amount of monthly benefit you require (depending on provider) mainly a percentage of your gross earned income.
You can choose a benefit period which can be either long term (Pays out for up to 5 years or retirement) or short term (Pays out for 1 or 2 years).
You can also choose your deferred period to suit your needs (A deferred period is the period after a claim is made before you will start to receive benefit) you may have savings or you may get sick pay from your employer so we can tailor the deferred period to suit your needs, examples are day 1, 1 week, 4 weeks, 8 weeks, 3 months, 6 months or 12 months depending on the provider.