Illness and Injury Insurance is a form of income protection designed to help cover everyday living costs – like your mortgage, rent and household bills – if you’re unable to work due to an illness or injury. After a waiting period of four weeks, a successful claim can pay out monthly for up to 12 months.
Key features and benefits
Wondering how much Illness and Injury Insurance is going to cost and whether this type of income protection is worth it? That will of course depend a bit on your personal circumstances and needs, but here are some key benefits to consider:
- It’s more affordable than you might think – policies start from £6 per month
- It’s quick and simple – get a quote online and apply in minutes
- It’s got you covered – get up to £2,000 per month tax free, for up to a year
- It’s got scope to cover you more than once – you can make multiple claims (conditions apply)
- It’s flexible – easily update your cover if your earnings or outgoings change
What does illness and injury income protection cover?
While savings might keep things ticking over for a while, longer-term sick leave can be trickier for many of us to manage. But if you have the right insurance, being out of action for several months doesn’t have to mean being so out of pocket you struggle to keep a roof over your head.
If you’re incapacitated for more than four weeks due to an illness or injury, being able to top up your company sick pay or UK statutory sick pay (SSP) with an income protection plan like Illness and Injury Insurance can make all the difference.
An Illness and Injury Insurance policy can help with up to 60% of your gross annual income, covering a maximum of £2,000 per month. It offers income protection for all sorts of different issues that might keep you off work, from accident recovery and non-terminal illnesses to looking after your mental health. In addition to your rent or mortgage payments, utility bills and internet, it can help with things like childcare, car insurance and your gym membership.
It’s also easy to update your policy if your circumstances change – for example, if your mortgage goes up or you get a pay rise.
Who can be covered?
To be eligible for Illness and Injury Insurance you must:
- Be employed or self-employed and working at least 16 hours a week
- Be a UK resident
- Be registered with UK GP for 2+ years
You can only buy one Illness and Injury Insurance plan at a time, and you can’t have another income replacement insurance in place if you apply for a policy with us.
What’s not covered?
There are no specific illness, sickness, accident or injury exclusions with this income protection insurance, although exclusions could be applied when you buy your policy. These would usually be based on your health and lifestyle – for example, if you take part in any hazardous leisure activities.
Loss of income due to unemployment
The income protection offered with Illness and Injury Insurance is not unemployment cover; it only protects you if you can’t work due to an injury or illness. This means you can’t claim for any loss of income that’s a result of redundancy or losing your job. You also can’t buy a policy if you’re unemployed.
Terminal ilnesses and death
The aim of Illness and Injury Insurance is to help cover your bills for up to a year, through monthly arrears. It won’t pay out a lump sum in case of a terminal illness or accidental death. If you’re looking for that kind of cover, consider life insurance and/or critical illness cover.
Before you apply for Illness and Injury Insurance
Make sure you understand exactly what’s covered and what’s not before you get a quote or apply. You’ll find all the details you need in the policy booklet [PDF, 1.54MB] and policy summary [PDF, 1.99MB]. It's your responsibility to make sure any policy you purchase is right for you.
Ready to get a quote for Illness and Injury Insurance?
Find out how much income protection cover you could receive, and what your monthly premiums might be.