Executive Income Protection

Receive a monthly benefit if you're unable to work for any reason physically or mentally - designed specifically for salaried employees (including Directors).

Most people are happy to insure their cars, their homes, and the things they have in them such as TVs, laptops, etc. They'll also happily insure their pets. But they often forget to insure the thing that pays for everything e.g. mortgage, pension provision, parenting or educational costs and every other living expense — which is their income.

1 million workers are off sick for more than a month, every year.*

Executive Income Protection is a solution specifically designed for salaried employees, including Directors, who want to protect their regular income, in the event that they cannot work due to an accident, illness, sickness or injury. In fact, insurers will pay the claim if you are unable to do your own occupation for any reason physically or mentally - there isn't a list of conditions. As such this type of policy is very comprehensive, covering health conditions ranging from cancer and heart disease, to stress and backache.

  • Protect 75% of your (the employee) pre-incapacity earnings - which can include regular income such as salary, dividends, bonus, commission, overtime and P11D benefits.
  • Plus the yearly contribution towards your pension made by the company.
  • Plus employer/employee National Insurance contributions.
  • Premiums are paid by the business and are an allowable expense for tax purposes.

So, unless you work just for fun and not the money, we suggest that an Executive Income Protection policy is the first and most important type of insurance that you should have. At a time when you don't receive the regular earnings that you enjoy today, the policy will help ensure that a prolonged period away from work doesn't cause financial hardship for you and your family.

*Source: Department of Work & Pensions (Employment Publication) - click here to learn more.

The average claim lasts almost

6 years

How would you cope without Income Protection?

FREE Expert Advice Contact one of our friendly Advisers on 0800 988 3637

The Details

Frequently Asked Questions