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Protect Your Income

This week is Income Protection Awareness Week, a time to consider your most valuable asset: your ability to earn a living. Have you ever thought about what would happen if an illness or injury meant you couldn’t work for a long time? For many of us, our jobs pay for our homes, our bills and our family’s future.

The reality is, long-term sickness is on the rise in the UK. Recent figures from the Office for National Statistics show that over 2.5 million people are out of the workforce due to long-term health problems. Conditions like musculoskeletal issues, mental health problems, and cancer are some of the most common reasons people have to stop working.

This is where Income Protection comes in. It provides a regular, tax-free monthly income to help you pay for essential costs while you’re recovering.

Key benefits of a good policy

A good policy is about more than just a payout. It’s about providing the support you need to get back on your feet.

  1. Getting Back to Work on Your Terms A long-term illness can make returning to work difficult. A quality Income Protection policy can support a phased return to work. This means if you can only manage a few hours a week, the policy can top up your income until you’re ready to return to your normal hours.
  2. Support Services to Help You Recover Many insurers provide access to a range of support services, such as counselling, physiotherapy and rehabilitation. These services can help you manage your condition and guide you through your recovery, ensuring you have the best chance of getting better.
  3. Linked Claims for Peace of Mind Sometimes, a condition can flare up again after you’ve returned to work. With a linked claims feature, if you have to go back on leave for the same or a related reason, your payments can restart without you having to wait through another period. This provides vital security and removes the stress of having to start the claims process all over again.

While your employer’s sick pay and government benefits can offer some help, they are often not enough to cover your financial needs for a serious illness or injury. Income Protection is designed to provide long-term security.

The average Income Protection claim can last for a number of years. By putting a policy in place, you can protect yourself and your family from financial hardship and have the breathing space to focus on your health.

If you’d like to find out more about how Income Protection can work for you, please book a meeting with us.

 

Published September 2025

It is important to take professional advice before making any decision relating to your personal finances. Information on this page is based on our current understanding and can be subject to change without notice and the accuracy and completeness of the information cannot be guaranteed. It does not provide individual tailored advice and is for information purposes only.

Protect Your Income

Harish Hirani

Harish Hirani

With over 20 years of experience in financial services, Harish is a successful lending and insurance specialist. He commands a solid team of insurance advisors in mortgage lending, commercial lending, health insurance, life insurance etc catering to individuals, families, and business owners with several assets

Date: Sep 24 2025
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