Income Protection Insurance

Your income is one of your most valuable assets, so it makes sense to protect it.

If an illness or injury prevented you from working, would your savings cover your mortgage, household bills, family commitments and everyday living costs?

Income protection insurance can provide a regular monthly benefit if you’re unable to work because of illness or injury, helping you manage your finances while you recover. At WORX Sports Insurance, we help active people, families, self-employed people and business owners compare suitable options from a range of leading UK insurers.

Contact Us
Accident & Sickness Protection

What Is Income Protection Insurance?

Many people insure:

  • Their home
  • Their car
  • Their mobile phone
  • Their bike or motocross equipment

Yet your ability to earn an income could be worth more than all of these assets combined.

For many families, losing an income could quickly make it difficult to meet essential costs, including:

  • Mortgage payments
  • Rent payments
  • Utility bills
  • Childcare costs
  • Finance agreements
  • Everyday living expenses

Income protection is designed to provide financial support if an illness or injury prevents you from working, helping you maintain the life you’ve worked hard to build.

As with all insurance policies, cover, benefits, exclusions and eligibility criteria will vary between providers and products. Policies are subject to underwriting and terms and conditions.

Who is income protection suitable for?

Self-employed people

If you’re self-employed, you may not have employer sick pay to rely on if you’re unable to work.

Income protection can provide a regular monthly benefit while you’re unable to work because of illness or injury, subject to the policy’s terms and conditions.

Business owners

Many business owners depend on their ability to work and generate income.

An unexpected illness or injury could affect both your personal finances and your wider business responsibilities. Income protection can offer additional reassurance and financial security.

Active people and sports participants

Whether you participate recreationally in motocross, mountain biking, football, rugby or another sport, injuries can happen.

Our advisers understand active lifestyles. We can help you explore suitable options and explain how taking part in sport may affect your application, underwriting and available cover.

Families

For many households, one income supports the entire family.

Income protection can offer valuable financial support when it’s needed most, helping families remain financially stable during difficult times.

Available benefits, waiting periods and policy features vary between insurers and products.

What can income protection help with?

Depending on the policy you choose, income protection may pay a monthly benefit if you can’t work because of an illness or injury.

Common reasons people consider income protection include concerns about being unable to work due to:

  • Long-term illness
  • Serious injuries
  • Back problems
  • Musculoskeletal conditions
  • Recovery following surgery
  • Mental health conditions
  • Sports-related injuries
  • Accidents that affect your ability to work

Cover, eligibility and benefits vary between insurers and policies

Income Protection Insurance FAQs

How much income protection can I apply for?

The amount available will depend on factors such as your income, occupation, the insurer’s criteria and underwriting requirements, but some providers offer up to 70% of your taxable earnings.

Does playing sport affect income protection?

Some sports and activities may affect premiums, eligibility or underwriting decisions. Our advisers can explain what this may mean for you.

Can self-employed people get income protection?

Yes – Many self-employed people consider income protection because they may not have access to employer sick pay.

How long can income protection benefits be paid?

This will depend on the policy you choose and the insurer’s terms and conditions, but some providers pay for short term of only 12, 24 or 60 months per claim, others pay all the way to the expiry age of the policy.

Is income protection the same as accident and sickness cover?

No. These protection products work in different ways. Our advisers can explain the key differences and help you understand which options may suit your circumstances

Everyone’s situation is different.

Our advisers will take the time to understand your circumstances and goals, then help you explore suitable income protection options from a range of leading UK insurers.

Ready To Discuss Your Income Protection Options?

Whether you’re employed, self-employed or running your own business, our advisers can help you explore Income Protection Insurance options from a range of UK insurers.  If your interested in finding out more why not check out the link below, or fill in a contact form to receive a call from one of our advisers.
Why Worx?