Income Protection Insurance - Benefit levels and illness exclusions

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Benefit Levels and Illness Exclusions

An income protection policy aims to provide sufficient income to replace any earnings lost as a result of sickness or injury and without reducing your financial incentive to return to work.

All policies set a maximum income insurance benefit limit, which basically means the maximum level you are allowed to insure of between 50% and 60% of your gross salary (before tax), plus state benefits. Successful claims are paid out by the insurance policy as a tax-free income.

Illness Exclusions

There are some illnesses that an income insurance policy will not cover. These include:

• Aids
• Self-inflicted injury
• Illness as a result of drug or alcohol abuse
• Illness as a result of criminal activity or an act of war
• Pregnancy
• Childbirth, or associated complications

Complete the form below and we will compare the whole market for the cheapest income protection insurance quotation and provide advice for the most suitable policy for your circumstances.