RESOURCES

How much is income protection insurance?

The cost of income protection insurance varies based on your age, your health history, how much of your income you want to protect, and the period you’re willing to wait before your income protection insurance kicks in.

You can choose a policy that adjusted for inflation or you can choose to cover your income in more than one step, so you can have two policies that have a different waiting period.

You protection is paid by a simple monthly premium, by direct debit – and it can be very affordable.

Some typical policies