Tell me moreIncome protection cover
Regular income during long term illness or accidental injury
A long-term illness or accidental injury could play havoc with your finances. Without it you could be reliant purely on State benefits once any employer’s sick pay runs out. If you are self-employed, you do not have the luxury of an employer’s sick pay scheme – so you may have little or no financial safety net.
Income protection cover provided by Norwich Union Healthcare could be the answer.
It could help maintain your family's standard of living, providing a monthly income to help pay your mortgage, other debts or household bills.
Why choose income protection?
- Real protection - the monthly income you receive under the plan is guaranteed until you are fit enough to go back to work, or until the plan ends (for example at your intended retirement age)
- Tax-free - under the current UK tax rules, any income you receive from the plan is paid free of tax
- Decide your level of cover - your cover can pay benefits up to 60% of your current gross earnings, to a maximum of £3,000 per month
- Flexible - decide how long you want the income to be paid if you're off work - this can be until any age from 50 to 65. You can also decide how soon you would like payments to start if you were unable to work
- Inflation-tracking - benefits are linked to the Retail Prices Index
Important exclusions and legal information
You must be a resident of the UK, Channel Islands or Isle of Man and aged between 18 and 54 years of age when you take out the plan.
Certain types of illness or accidental injury are not covered.
This page is a summary of the plan details. Full details of standard cover and exclusions are given in the
Income Protection Plan Policy Wording
(PDF, 629KB).
The Income Protection Plan is administered by Norwich Union Healthcare Limited, Chilworth House, Hampshire Corporate Park, Templars Way, Eastleigh, Hampshire SO53 3RY. Registered in England number 2464270. Registered Office: 8 Surrey Street, Norwich, NR1 3NG. This Insurance is underwritten by Norwich Union Life & Pensions Limited. Registered in England number 3253947. Registered Office: 2 Rougier Street, York, YO90 1UU. Norwich Union Healthcare is Authorised and regulated by the Financial Services Authority. Norwich Union Healthcare's FSA registered number is 308139. Our permitted business is advising on, arranging and administering, general insurance and pure protection contracts. Norwich Union Healthcare is a wholly owned subsidiary of Aviva plc, which includes within its group a number of insurers.
Members of the Association of British Insurers.
Members of the Financial Ombudsman Service.
