The best income protection insurance policy will:

  • Give you the income cover you need

  • Cover you for the length of time you want

  • Offer the cheapest monthly premiums

To find the cheapest policy for the cover you need, compare quotes from as many income protection insurers as possible.

When you apply, give accurate information about yourself, otherwise you could invalidate your policy, e.g. you say you have never smoked but this is untrue.

How to choose the right policy

Look for an insurer that offers the cover you need by comparing:

  • The maximum cover: This is the highest percentage of your income you can insure.

  • The maximum benefit: This is the most an insurer will let you choose as an income, e.g. 50,000. This could affect the percentage you want.

  • The maximum age you can apply: All insurers have a cut off for when you can apply for a policy; this can vary between 50 and 70 years old.

Some insurers offer reviewable policies, which let you change your cover after a set term.

For example, if you were able to review your policy after 10 years, you could choose to increase your cover. This can be useful if you have had children and want extra cover.

However, reviewing your cover can affect your premiums, and it usually costs you more if you increase your payout.

Do you need income protection?

To help you decide, work out how much you spend on outgoings each month and think about how you could cover those costs if you lost your income.

If you do not think you could afford to replace your income then consider an income protection insurance policy.

Income protection insurance FAQs


Can I get income protection if I am self employed?


Yes, but you will need to provide a year's audited accounts to prove your income when you apply. Compare self employed cover here..


How long does an income protection policy last?


Most insurers offer cover up until you retire, but others specialise in shorter term cover for 12 or 24 months.


Does it pay out if I lose my job?


You can get cover for redundancy, but you will not get a payout if you get fired. Find out more about income protection here.


Can I cover 100% of my income?


Some insurers could offer to cover 100% of your income, but still set a maximum amount, e.g. 100% of your income or 50,000 a year.


Does income protection payout if I die?


No, income protection only covers your income for the term of your policy. Look for a life insurance policy if you want a payout for dying.

About our income protection insurance comparison


Who do we include in this comparison?


We include companies from our panel that offer income protection insurance. They are regulated by the Financial Conduct Authority (FCA).

Here is more information about how our website works.


How do we make money from our comparison?


We have commercial agreements with some of the companies in this comparison and get paid commission if we help you take out one of their products or services. Find out more here.

You do not pay any extra and the deal you get is not affected.