Also known as permanent health insurance, income protection is an insurance policy that pays out if you’re unable to work because of injury or illness.

Income protection usually pays out until retirement, death or your return to work, although short-term income protection policies, which last for one or two years, are also available at a lower cost.

Income protection is different from critical illness insurance, which pays out a lump sum if you fall seriously ill.

Contact us for a detailed needs analysis with one of our experts on the subject of Income Protection Insurance.