Most income protection policies are short term and will provide you with up to 12 months cover while you are unable to work. Most polices will pay you regular, tax free payments that make up a percentage of your usual earnings, although most companies will cap the amount at £15,000.
Long Term Income Protection
More long term income protection polices are available, although these are more expensive and are normally linked to health related issues rather than short term injuries or periods of unemployment. More information can be found here.
While some companies offering income protection while seek no medical tests, most will ask for a brief medical history. This is because many insurers will not cover you for previous accident or illnesses that occurred before the terms of your policy started.
See our partner long term income protection insurance service below: