Income protection will protect your income to help enable you to pay all your bills, not just your mortgage. It’s a long-term policy that pays out if, during the policy term, you can’t work and suffer a loss of earnings due to illness or injury.

It’s a sad fact of life that an individual’s outgoings don’t necessarily stop if their income did. An income protection policy can help people cope financially if they are unable to work because they’re sick or injured.

Policies can be tailored to suit individual requirements. It’s not only relevant if you have a mortgage but also to those who rent a property too.