Emily's Mortgage Services LTD

ow would you manage your bills if your income stopped

due to illness or injury?

Income protection insurance can help by providing a regular weekly or monthly benefit if you’re unable to work because of illness or injury, allowing you to keep up with your financial commitments and everyday expenses.

This insurance covers both physical and mental health conditions, as well as injuries that prevent you from working. You choose when the benefit starts —either immediately or after a waiting period—and it continues until you’re able to return to work or until the end of the agreed claim period. Income protection is available for employees, the self-employed, freelancers, contract workers, and business owners, with plenty of options to tailor the cover to your needs.

Some policies also extend coverage to homemakers. Although they don’t earn a traditional income, their unpaid work (such as childcare) has financial value. In the event of illness or injury, the policy can help cover the cost of replacing these responsibilities.

In addition to financial support, many income protection policies offer practical recovery assistance, such as physiotherapy or counselling services.

Statistically, people are more likely to be off work for two months or more due to illness or injury than to face a critical illness or death before retirement. For this reason, income protection should be a priority for most people. Your adviser can help you explore the options that best suit your needs.

Is income protection right for me?

Consider income protection if:

• You don’t receive sick pay through your employer and lack sufficient savings or other financial resources to fall back on.
• Your work sick pay is limited, and you want coverage for a longer period of illness or injury.
• You don’t want to rely on state benefits like Universal Credit if you become ill or injured.
• You have a mortgage, rent, or other living expenses that would still need to be paid if you couldn’t work.
• You’re a full-time homemaker and want to ensure there’s money available to cover your responsibilities, such as childcare, if you’re too ill or injured to manage them.