UK Income Protection Insurance                                                                   Income protection insurance (IPI) also known as  permanent health insurance(PHI) is cover designed to replace a proportion of income lost due to illness or disability (not unemployment cover) up until expiry of policy, return to work or earlier death. A deferred period before being able to claim on an income protection policy is usually applied. An income protection  policy is permanent and the insurer is unable to cancel it, no matter how many claims are made. If the policyholder can return to work on reduced earnings a proportion of the income protection benefit may be payable, there are maximum benefit limits to ensure the policyholder is better off returning to work.This type of income protection will not protect you if you are made redundant/unemployed,for UK unemployment cover see Unemployment/Disability

If you wish to obtain an online income protection insurance quote.

DWP national statistics   MAY 2002                     Over 6% of the working age population is currently claiming incapacity benefit,over 2 million people.    Over 55% of claimants have been receiving benefits for more than a year. An income protection policy would protect you financially if this this ever happened to you. 

Income protection insurance quotes available online do not cover all insurance providers,so please contact us with your details info@assetguard.co.uk  and we will be happy to provide you with a no obligation income protection insurance quote from a number of the top UK insurance companies.

 A temporary solution to income protection against accident,sickness and/or unemployment is an ASU policy which will provide a benefit for a period of 12-24 months, an example of this insurance is mortgage payment protection insurance.see Unemployment/Disability

Before using an income protection insurance policy you should consider the maximum benefit amounts payable expressed as a percentage of your earned income.All other sickness and accident policies should be considered, as should other forms of income, when arranging  income protection insurance with Assetguard we shall inform you of these maximum amounts and inform you of what other payments will be considered to be part of these amounts. this will ensure that you will not be paying for income protection which you will not receive .