Clients with existing policies get better terms & benefits

We have access to the whole of the market

Request a Call Back...

By completing this form you are giving consent to be contacted to discuss your
mortgage/insurance needs. See Privacy Notice for details on how we hold/store data.

Finance Surgery specialise in finding the right deal for you on your income protection insurance. Get in touch to speak to a specialist advisor today.

Get Peace of Mind with Income Protection Insurance- Save Today

Finance Surgery specialise in finding you the right deal on your income protection insurance. Get in touch to speak to a specialist advisor today.

Get Peace of Mind with Income Protection Insurance - save today

Get Peace of Mind with Income Protection Insurance - save today

It’s great being your own boss, isn’t it? But if you were ill and couldn’t work, what would happen to your income?

Ill health can happen to anyone, any time. We’re not talking about coughs and sneezes – you know the stuff you’re tough enough to plough through – but serious illnesses. Income protection could provide you with an income if you were too ill to work.

We are happy to help and discuss your needs

We are great listeners who will never judge your situation

We provide sound advice and research

We will support and help you all the way

Which of These Best Describes You?

Single with no Children?

As a single person with only your own income to rely on this should be your main priority when protecting yourself against sickness or accident.

Couple with No Children?

Like most couples, you more than likely rely on each other’s income to afford the household bills. Do a simple exercise and add up all of your outgoings.

Couple with Children?

Like most couples who have children you’ve probably taken steps to ensure the family are looked after in the event of your death.

Single Parent?

As a single person with only your own income to rely on this should be your main priority when protecting yourself against sickness or accident.

What is income protection insurance?

Income Protection is a type of insurance which helps replace some of the income you’d lose if you couldn’t work because of an accident or illness. We naturally insure all those things important to us, such as our home, the car and possibly even the dog.

Every year, almost a million people in the UK suffer an injury or a serious illness that means they can’t work for a month or more.* If you were among them, would you be able to cover your day-to-day bills without your full regular income to rely on? Or would you find yourself struggling financially at a time when money should really be the last thing on your mind?

Your employer might keep paying you for a while, but there’s a limit to how long that would last. You might think the state would provide – but applying for benefits can be a complicated and lengthy process. You’d need to work out what benefits you might be entitled to and then navigate means testing. And in the end, possibly after weeks and months with no income, you could be surprised at the amount you’d be expected to survive on.

Income protection is insurance to help you cope with these circumstances. It pays you a monthly income if you’re too ill to work, helping you cover your costs and allowing you to focus on your recovery. You can claim if you meet the definition of ‘incapacitated’ in your income protection plan. Get in touch with Finance Surgery today.

Speak To a Finance Advisor Today

By completing this form you are giving consent to be contacted to discuss your mortgage/insurance needs. See Privacy Notice for details on how we hold/store data.

Some Frequently Asked Questions…

1. Why do I need Income Protection Insurance?

It helps to make sure you don’t fall behind with your monthly bills – like your mortgage – if you’re ever off work due to illness, injury or disability.

2. Why can’t I just rely on state benefits?

It depends on how much you need to maintain your current lifestyle and what financial commitments you have in place. Based on our understanding of the current State benefit system in 2018/2019, even if you qualify for state benefits, Employment and Support Allowance may only pay between £101.15 and £108.15 per week. Could you and your family survive on this level of support?

For more information on the State benefits system, contact your local Department for Work & Pensions.

3. How much does Income Protection Insurance cost?

Your premium will depend on few things, like:

  • your age;
  • your medical history and your family’s medical history;
  • your job;
  • how much alcohol you drink;
  • if you’re a smoker (or use other tobacco products); and
  • whether you choose Comprehensive, Primary or Short Term Income Protection.

If you’re on a budget, you may want to look at Short Term Income Protection as a cheaper alternative.

4. Can I get Income Protection Insurance if I’m self-employed?

If you’re self-employed, you can choose from various plans. But, to give you greater financial security, you can also choose to start receiving payouts from as early as seven days. For many conditions, you may also be entitled to a backdated payment so you get paid for those seven days.

5. When will you start paying out after I claim?

You’ll get your first payment at the end of your deferred period, which you set when you take out your plan. Your deferred period starts on the first day you’re unable to work and ends when you have been continuously incapacitated for either:

  • 7 days (only an option if you’re self-employed)
  • 1 month
  • 3 months
  • 6 months
  • 12 months