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.
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.
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