Income Protection Insurance to Protect Your Monthly Income
Flexible income protection insurance with monthly payouts if illness or injury stops you working — available for employed and self-employed workers.
✔ Employed & Self-Employed Cover
✔ Flexible Monthly Benefits
✔ FCA Authorised UK Broker
⏱ Takes around 2 minutes
Income Protection Insurance UK – Protect Your Monthly Income
Income Protection Insurance can help protect your earnings if you are unable to work due to illness or injury. Instead of relying entirely on your usual income, a policy can provide regular monthly payments to help replace part of your lost earnings.
The payments can help cover essential costs that your income would normally pay for, including everyday living expenses, helping to reduce financial pressure during a difficult period.
For employed and self-employed workers, Income Protection can provide financial support if illness or injury prevents you from working. The amount you can receive depends on the policy and provider, with up to 70% of your usual income potentially available.
Unlike a lump-sum payment, Income Protection typically pays a monthly benefit. These payments are tax-free and can help you make ends meet while you are unable to work.
When applying for Income Protection Insurance, you will choose a deferred or waiting period. This determines how long you need to be unable to work before your payments can begin. Common waiting periods range from 4 weeks to 12 months.
Your policy will also include a definition of incapacity, which sets out the circumstances in which you may be able to make a claim.
How does Income Protection Insurance work?
Income Protection Insurance works by providing a percentage of your usual income if you become unable to work because of illness or injury.
The amount paid can vary between providers, but up to 70% of your usual income could be available. Rather than receiving a lump sum, the benefit is paid in monthly instalments, which can help you continue meeting your regular financial commitments.
When arranging your policy, you will choose a deferred or waiting period. This is the period you must wait before your payments can start. Common waiting periods range from 4 weeks to 12 months.
If you remain unable to work when your chosen deferred period ends, your payments can begin, subject to the terms of your policy and its definition of incapacity.
⏱ Takes around 2 minutes
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Why do I need Income Protection Insurance?
Being unable to work due to illness or injury can have a significant impact on your finances, particularly when you rely on your usual earnings to cover essential monthly costs.
You can also explore our wider range of specialist insurance solutions for individuals, drivers, businesses and property owners across the UK.
Income Protection Insurance may be particularly relevant if you are concerned about how you would manage financially if you could not work. You may benefit from considering Income Protection if you:
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Are self-employed
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Do not receive full sick pay
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Do not have personal savings
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Do not have another source of income, such as additional income from a partner or spouse
Having financial support in place can help reduce the risk of financial stress or difficulty meeting your regular expenses during a period when you are unable to work.
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Income Protection Explained
Income Protection is designed to help protect against loss of earnings when you are unable to work due to illness or injury.
It can provide financial security for you and your family by helping replace part of your usual income and reducing the risk of financial stress or debt during a long-term illness.
Key points include:
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Protects against loss of earnings when you are unable to work
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Provides financial security for you and your family
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Helps reduce the risk of debt or financial stress during long-term illness
Affordable Income Protection
Income Protection can provide financial support if you are unable to work due to illness or injury, helping you manage your regular expenses while your usual earnings are affected.
Key benefits include:
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Regular income if you are unable to work due to illness or injury
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Support towards essential living expenses such as rent, bills and food
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Cover based on a percentage of your salary, with up to 70% potentially available
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Affordable monthly instalments
How to Buy Income Protection
Arranging Income Protection Insurance starts with understanding how much financial support you may need if illness or injury prevents you from working. These simple steps can help you prepare before arranging your cover.
01 Understand Your Income Needs
Consider your usual income and the essential monthly expenses you would still need to pay if you were unable to work.
02 Calculate Your Essential Expenses
Add up your regular costs, including rent or mortgage payments, bills, food, childcare, loans, transport and other essential expenses. This can help you understand the level of income you may need to protect.
03 Request an Income Protection Quote
Start an Income Protection quote to explore the cover options available for your circumstances.
04 Choose Your Waiting Period
During the application process, you will choose a deferred or waiting period. Common waiting periods range from 4 weeks to 12 months, and this determines how long you need to be unable to work before payments can begin.
05 Understand Your Policy
Before arranging your cover, make sure you understand your policy, including the definition of incapacity that sets out the circumstances in which you may be able to make a claim.
⏱ Takes around 2 minutes
How much Income Protection Insurance do you need?
Choosing an appropriate level of Income Protection starts with understanding how much you need to cover your essential monthly expenses.
Calculating your regular outgoings can help you understand the level of income you may need if illness or injury prevents you from working.
Step 1: List your monthly expenses
Start by adding the amount you usually spend in each essential category:
Rental or mortgage payments: £______
Bills and utilities: £______
Childcare costs: £______
Food shopping: £______
Loan or credit card payments: £______
Transportation costs: £______
Other monthly expenses: £______
Step 2: Total your essential expenses
Add the amounts above together to calculate your total essential monthly outgoings.
Step 3: Determine your cover level
Use your total essential monthly expenses as a guide when considering the level of Income Protection you may need.
Your Income Protection Insurance should ideally cover most or all of these essential costs, helping you maintain your lifestyle and meet your financial commitments if you are unable to work.
Tip: Consider allowing a small buffer for unexpected expenses or future changes, such as rising bills or additional childcare costs.
UK Sure Authorised and regulated by the Financial Conduct Authority.
Our FCA Firm reference number is 923039.
Why choose UK Sure for your Income Protection?
Fast Quote
Process
Getting an income protection quote with UK Sure is quick and straightforward. Our simple process helps you explore your options without unnecessary delays or complicated paperwork.
Access to Multiple Insurers
We work with a panel of insurers, helping you compare different income protection options in one place and increasing your chances of finding suitable cover at a competitive price.
Employed & Self-Employed Cover
Whether you're employed, self-employed, or a contractor, UK Sure can help you explore income protection options designed to provide financial support if illness or injury prevents you from working.
Flexible Policy
Options
UK Sure can help you compare income protection policies with flexible benefit levels and waiting periods, making it easier to find cover that suits your income, budget, and personal circumstances.
Experienced Insurance Advisors
Our knowledgeable team understands the income protection market and can help explain your options clearly, making it easier to choose cover that meets your needs and budget.
● Frequently asked questions