Book An Appointment

Click here to register for the Free Webinar: 'Additional Borrowing' on Thurs 9th Dec

We're recruiting a paraplanner! Click here to find out more.

Arrange An
Appointment

Income Protection Insurance

Income Protection
Insurance

Find out more

Income Protection Insurance

Use our FREE insurance service to make sure you, your family, and your home are fully protected. We’ll advise you which policies are right for your situation, and we have access to all providers, meaning we can find a deal that suits your needs perfectly. We also arrange your policy for you quickly and easily – and we do all this completely free of charge!

CONTACT US

Start Your Enquiry

It takes less than 60 seconds…

"I can’t say anything but amazing things about the MU team in Frimley. Mark, Denise, Liam & Mitchell took care of my every need and I’m not just talking about arranging the mortgage. As a first time buyer I had no idea that I needed to consider things like content insurance & health insurance and on top of this I was struggling to find a solicitor that I felt I could trust at a reasonable price. The MU team helped me arrange it all and I appreciate so much the time and effort that saved me not having to do it myself. Their personable approach comes across in their office, over the phone and in every email correspondence and I could not recommend their services enough!!!"
Laura Allen
"Joe was great, both Emma and myself would like to thank him for his help, guidance and great communication. As first time buyers it was a pretty daunting prospect, we really appreciated Joe helping and explaining things in language that we could understand."
Pete & Emma
"We had a great experience with Michael Usher Mortgage Services. Paisley was very very helpful. Answered all questions we had being first time buyers and also kept up in the loop. Highly recommend! Highly proactive and professional. low rate. Will use their services again. Thank you for all your help!"
Lucy Anderson
Michael Usher Mortgage Services was recommended to us by a colleague, as first time buyers we were keen to use a mortgage advisor, but especially one we could trust. They were great from start to finish, no question was too much to answer and they were great at explaining the whole process. We had the pleasure of dealing with Mitch, he was absolutely fantastic. I can't thank Denise enough also for recommending an amazing solicitor, and keeping us updated constantly without the need to chase. Amazing experience from start to finish, would recommend them to anyone! Thank you.
Lorna Twyford

What is Income Protection Insurance?

You can never know for sure if you’ll be fit to work next week, or even tomorrow. Income Protection pays up to 60% of your gross income (tax-free) if you are unable to work due to accident, injury, or illness – allowing your family to continue paying essential household bills and living expenses.

Government benefits may not be enough to cover mortgage payments, let alone other bills, and they’re not available to everyone and are notoriously hard to claim on. We strongly recommend you don’t rely on government benefits to get you through, especially if your family has a mortgage to pay.

What does Income Protection Insurance provide?

Income Protection has some similarities to Critical Illness Cover but also many differences. Your advisor will be able to help you decide which one is appropriate for your situation.

  • Income Protection provides your family financial security if you are unable to work due to illness or injury.
  • It pays up to 60% of your gross income (tax-free) as monthly payments throughout the term of the policy, or until you retire or return work.
  • It covers most conditions that leave you unable to work, and you can make multiple claims.

Types of Income Protection Insurance

Deferred Period

You can reduce the cost of your policy by setting a deferred period of up to 12 months after you are unable to work. This is useful if your work offers sick pay for a certain amount of time or if you have emergency savings. For example, say your work offers 3 months full sick pay and you have some savings that could last a further 3 months. Then you may want to reduce your premium by setting your policy to start paying out 6 months after you stopped working instead of immediately.

 

Flexible Levels of Insurance

There are different levels of insurance. Full cover pays until you retire or return to work if you are fit and able to. Or you can reduce your premium by choosing a policy that will pay out for a maximum of 2 years.

Who Needs Income Protection Insurance ?

Anyone whose children or partner are dependent on their income to pay a mortgage, debts, or living expenses. This includes the self-employed, who are particularly at risk due to lack of sick pay. And anyone who wants to make sure they can still fund most of their current lifestyle if they are unable to work.

Our service is FREE!

If Income Protection Insurance is right for you, we’ll help you find a deal that suits your needs perfectly and offers great value for money. We have access to all providers and can arrange the policy on your behalf, and we’re duty-bound to give you the right advice for your situation.

Our service is completely free of charge – so let’s get you, your home, and your family protected!

Find Out More