What is Income Protection?
Accidents and illnesses happen. They are facts of life. But what would happen if you were unable to work? Your employer’s sick pay may only cover you for a few months at best. If you are self-employed, will you be able to support yourself, if you are unable to work? So what happens to the bills, the mortgage – and everything else that your income used to cover?
With income protection you don’t have to worry. Not only does it supplement your income, it also provides support to get you back to work – and your life back to normal.
How Income Protection works

Covers illness, accident and injury
Receive a monthly benefit to replace your salary if you are unable to work due to illness, accident or injury.

Choose when your plan starts paying
Choose when the benefit starts to pay-out, from as soon as 1 day up to 12 months. The longer you defer the payout period, the cheaper the plan.

Provides support to help you get life back to normal, as soon as possible
Take the pressure off by maintaining an income when you can’t work, so you can focus on your recovery.

Short or Long Term plans available
Short term plans can pay out for up to 2 years, or long term plans can continue to pay out right up to your planned retirement age.

Pays up to 70% of your gross salary
You can cover up to 70% of your pre-tax salary, depending on the policy and insurer.

Guaranteed, age-banded or reviewable premiums
Depending on your age and circumstances, you can choose to fix your premiums for the life of the policy or choose to have your premiums reviewed throughout the term of the plan.
Free Income Protection Quote
Get the right advice, on the right product that suits you and your circumstances.
Let’s get started on your Income Protection quote.
Types of Income Protection
Select the policy term that best suits your needs…
- Short Term
- Long Term
Short-term income protection is designed to cover you should you be unable to work due to injury, or long term sickness.
The period of claim is for a fixed amount of time, usually one to two years.
Long-term income protection is designed to cover you should you be unable to work due to injury, serious or terminal illness.
Pay-outs will continue until you return to work or when the policy expires – usually when you reach retirement, or at the end of a fixed period.
How would you cope?
Have you really ever thought about your current and future financial situation? What would you do if your income stopped due to illness, accident or injury?

Paul R - Field Supervisor
Paul had eye cancer 7 years ago and had tried to get income and life cover several times before however had been turned away by insurers, due to the condition.
Paul contacted Covertree and spoke to Tim about his concerns about supporting his family. Tim was able to recommend a plan for Paul that meant he and his family were covered should the worst happen. In Paul’s own words ‘I felt like we were a team and they were all on my side, fighting my corner.’

Daniel W - Area Compliance Manager
For a long time Daniel had tried to take out an Income Protection plan and had failed, due to a not so straight forward medical history in his teens.
He says ‘most brokers couldn’t find the time to look for the specialist cover I needed. With Covertree it was different – I entered my details onto the Covertree website and was very quickly called back to discuss my needs. I knew it wouldn’t be easy, due to my medical history, but rather than fobbing me off, they did a vast amount of research on my behalf keeping me up to date throughout the whole process, and I’ve now got the cover and peace of mind I need.’

Chris W - Nurse
Chris is employed as a nurse and used to work for the NHS, however had now moved into private nursing. Her new employer was not able to offer the same benefits as the NHS and so Chris was worried about paying the bills should she be unable to work. She had previously had to take time off from work due to stress and other health issues, therefore an income protection plan was essential to help with her peace of mind.
Chris contacted us at Covertree and after much searching we were able to find cover that would provide the right amount of benefit if Chris was unable to work.
What the average family spends in a week (Source: ONS 2017)
Family Spending | Average |
---|---|
Travel & Transport | £79.70 |
Recreation & Culture (holidays, pets, TV, cinema) etc | £73.50 |
Housing (net), fuel & power | £72.60 |
Other expenditure items (Rent, mortgage, council tax) | £72.00 |
Food & non-alcoholic drinks | £58.00 |
Restaurants & hotels | £50.10 |
Miscellaneous goods & services | £41.80 |
Household goods & services | £39.30 |
Clothing & footwear | £25.10 |
Communications | £17.20 |
Alcohol & tobacco | £11.90 |
Health | £7.30 |
Education | £5.70 |
Total | £554.20 |