Prepare for time away from work
Illness or injury can leave you unable to work even though your everyday financial commitments remain.
Income Protection
Protect your income when you cannot work
Income Protection is designed to provide a tax-free monthly income if illness or injury leaves you unable to work, helping you continue meeting everyday financial commitments while you recover.
Your income keeps life moving
Protection can help you keep paying bills and
providing for your family if you are unable to work.
Protect your earnings
Designed to provide a monthly income if illness or injury stops you working.
Keep paying the bills
Income protection can help you continue meeting household expenses while you are unable to earn.
Support your family
Help maintain financial support for the people who rely on your income.
Understanding the cover
What is Income Protection?
Your ability to earn an income plays a huge part in keeping everyday life running. Income Protection is designed to provide financial support if illness or injury means you cannot work.
Protecting your monthly income
Help when your normal earnings stop
An Income Protection policy is designed to pay a tax-free monthly income if the policyholder cannot work because of illness or injury.
That money can help you continue paying the bills and providing for your family while you are unable to earn your normal wages.
Think about your regular commitments
Mortgage or rent, household bills and everyday family costs do not automatically stop because you are unable to work. Protecting your income can help you continue meeting those obligations.
Why protect your income?
Because your financial commitments do not stop when work does
Being unable to work because of illness or injury can quickly turn into a financial concern. Income Protection is designed to provide another source of income during that period.
Continue meeting your bills
Income Protection can help provide money towards the bills and spending obligations you still need to meet while you are off work.
Cover set out in your policy
Unlike state benefits that can change with government policy, your Income Protection cover is governed by the terms of your insurance contract.
Keeping everyday life moving
Your wages support more than just you
For many households, regular income is what keeps everything else working. Protecting that income can make being unable to earn less of a financial worry.
Household bills
Help keep regular household expenses manageable while you are unable to earn your usual income.
Your family
Continue providing financial support for the people who rely on what you earn.
Everyday commitments
Financial responsibilities continue even when illness or injury temporarily changes your ability to work.
Finding suitable cover
Why advice can make a difference
Losing your normal income can make meeting financial commitments difficult, which is why getting the right level of protection matters.
Lotus Life Review can help you consider your needs and identify Income Protection options that fit within your budget.
A tighter budget does not mean you should ignore protection
The aim is to consider what cover fits both your needs and what you can realistically afford.
How we can help
Start with what you need to protect
Income Protection should reflect your circumstances and budget rather than simply being another monthly expense.
01
Understand your needs
Start by looking at the financial commitments that rely on your regular earnings.
02
Consider your budget
Look at what you can reasonably afford to spend on protecting your income each month.
03
Explore suitable cover
Lotus Life Review can help identify protection options that fit your needs and budget.
Find out what cover could cost
Get an Income Protection quote
Find out what your monthly premiums could be by completing the Lotus Life Review quote form.
What would happen if your wages stopped?
Speak to Lotus Life Review about protecting your income against illness or injury.