'If your income stopped because of ill health what would be the first things that you couldn't afford?'
'Could you survive on state benefits of £70.05 per week?'
Do You Need?
Income Protection (without Redundancy)
Replace up to 65% of your income (tax-free), to a maximum of £10,000 per month, should you be unable to work due to disability or sickness. Income will be paid until your nominated retirement age of between 50 and 70. Once you have an Income Protection Plan in place there are no limits to the number of claims that you can make.
ASU (Accident, Sickness & Unemployment)
Replace up to 50% of your income (tax-free), to a maximum of £1,500 per month against disability, sickness or redundancy. Income is replaced for a maximum of 1-2 years.
If you wish to view a more detailed comparison of Income Protection and ASU, please visit our online guide here.
*The above information was correct at time of publishing and for our panel of providers. Top Quote UK accepts no responsibility this information as it is meant purely as a guide, we recommend that you read your key features and policy document carefully.