Income Protection Insurance

Income protection insurance serves as a financial safety net, offering individuals a reliable source of income in the event of illness or injury that prevents them from working.

  • Income can be used to replace your earnings while you recover
  • Benefits can remain level or increase in line with the cost of living
  • Deferment period can be chosen to suit sick pay provided by your employer
  • Following a claim, if you return to work, the cover can continue
Speak to us:  01603 218000

If you are off work due to illness or injury, income protection insurance pays you a monthly income to cover basic living costs, so you and your family can cope financially. The plans can be tailored to take into account any sick pay you get from work, meaning you are only paying for cover that you actually need. Our advisers can ensure the right options are chosen based on your own circumstances.

The Alan Boswell Group Difference

We aim to build long-term relationships between our clients and our independent financial advisers. We’ll take time to understand your needs, search the market, and tailor a plan that suits you and find the best premium.

Not-for-Profit – Charity Insurance

Income protection insurance in detail

Income protection insurance is designed to pay out a monthly income if you are unable to work due to an accident or illness. These types of plans pay out an income until you return to work, or until the end of the policy, and can be seen as the foundation of any financial planning as it is likely that other plans will have to be given up if you do not have sufficient income coming into the household.

Income protection insurance is designed for anyone who is working (employed or self-employed). Even if your employer provides sick pay, it is unlikely to last for longer than twelve months and most companies offer less than this (some only offering statutory sick pay) so ongoing protection can be essential.

FAQs

Get in touch

To find out more, ask a question, or make an appointment to speak to one of our advisers, please get in touch.

Speak to us:  01603 218000
Sally Key

Director

Marc Ward

Financial Planner

Tony Robinson Director, Alan Boswell & Company
Tony Robinson

Director