INCOME PROTECTION COVER CAN PROVIDE:
- An income to help replace any loss of earnings due to ill health or accidental injury
- Continued benefits if you go back to work in a reduced capacity, with a reduced salary
- Tax-free payments under the current rules, tax year 2016/17, although this might change in the future
Income Protection Insurance is designed to typically protect up to 70% of your gross salary if you are unable to work due to accident or sickness and, in some cases, unemployment. It can cover a wide range of situations and has the potential to pay out for many years.