Call us on 07548634027

Open 6 days a week – until 7pm on weeknights

Call now on: 07548634027 


There are various types of policies but here are those most commonly referred to.

Income protection

Income protection is designed to pay out a proportion of your annual salary each month if you’re no longer able to work due to accident or illness after a defined period of time. These types of policies can be designed to pay out for either a fixed term or may pay out until you are able to return to work or reach retirement.

Critical illness cover

This type of policy will pay out a lump sum (tax-free) if you are diagnosed with a serious illness that is covered under the specified definitions under your policy. Many people design this lump sum with the intention of paying off their mortgage.

Life insurance

Life insurance will only pay out if you pass away. These policies are used by many to look after their dependents. They can pay out a lump sum or many providers will now also allow you this to be paid as a monthly income.

When do I get the money?

You’ll usually need to be off work for a specified number of days before the policy starts paying out. This can range anywhere from 30 to 180 days. The longer the period you’re prepared to wait, the cheaper the policy will typically be.

So, consider your own circumstances. If you’re entitled to sick pay from your employer, bear this in mind when you’re deciding how long you’re happy for the waiting period to be. However, it is possible to get ‘back to day one’ policies which don’t have a waiting period before you can claim.

Payment Protection Insurance

These policies are tailored to cover a specific payment that you would need to make, for example your mortgage. They often cover redundancy, as well as if you’re not able to work due to accident or illness, however since COVID it is difficult to find providers to cover for redundancy.


If you would like to find out more about protection policies that are available, get in touch today. 

Follow us on Social Media

Join the conversation and keep up-to-date with our latest news.

Because we play by the book we want to tell you that…

Your home may be repossessed if you do not keep up repayments on your mortgage.

There may be a fee for mortgage advice. The actual amount you pay will depend upon your circumstances. The fee is up to 1% but a typical fee is 0.3% of the amount borrowed.

Need more help?