Income Protection:

Also known as permanent health insurance (PHI).

It replaces part of your income if you are unable to work because of illness or disablity. It continues to pay out until you return to work, die or the policy term expires.

These products usually offer a choice of waiting periods (deferred benefit period) before they will start to pay out (usually 4, 13, 26 or 52 weeks). The longer the waiting period you agree to, the lower your premiums will be, so it is important to find out what income you would receive from your employer and other insurance products during the waiting period.

All of our advisors at Independent Financial Management Service always advise clients of all the options available through the whole of the market.

Should the information you require not be available through this site or its links*, please feel free to contact us with your enquiry.