Income Protection Insurance

Imagine not being able to work due to illness or injury – who would continue to provide for your family? Having an Income Protection policy in place can provide an income for your household whilst you are recovering.

Financial Security in an Uncertain World

  • Can replace your income whilst you are unable to work
  • Will pay-out if you’re unable to work due to injury, illness or accident
  • Long term or short term coverage is available
  • 35% of all households have no savings and would be on the breadline within 77 days
  • 36% of households have no strategy in place to cope with financial hardship

(Source: Legal and General)

Whats Included

Some Other Brokers

Cover from £7 per month

Based on a 28 year old. Occupation and salary dependant

Get Cover In Just 15 Minutes

Numerous Other Insurance Products

Get £100 cash back for each friend or family member you refer to us, (must hold a policy for at least 3 months).

We manage your account for the duration of your policy

Free Trust Writing Service

Whats Included

  • Cover can start from £7 per month*
  • Get Cover In Just 15 Minutes
  • Numerous Other Insurance Products
  • Get £100 cash back for each friend or family member you refer to us, (must hold a policy for at least 3 months)
  • We manage your account for the duration of your policy
  • Free Trust Writing Service

Based on a 28 year old. Occupation and salary dependant

What Does It Cover?

An Income Protection policy will pay-out for almost any injuries, accidents or illnesses that make you unable to work. For example, one of the most common claims is for back injury or depression.

There is no pre-defined list of qualifying conditions, so as soon as your GP deems you are unfit to work and signs you off, you may be able to start claiming straight away.

Got a Question?

Just ask your account manager to explain everything.
Get a Quote

How Does It Work?

You choose the amount of cover you require – think about your monthly outgoings and expenses as this is what you should be looking to cover yourself for – essentially it’ll replace your income whilst you are not earning money.

You choose the amount of cover and also how long the protection would last for – this could be months or years. If you are 45 and want to be protected until retirement, you would choose a policy to run for 25 years, (until retirement at 70).

F.A.Q's

The Financial Conduct Authority

The FINANCIAL CONDUCT AUTHORITY (FCA) – is a financial regulatory body in the United Kingdom, but operates independently of the UK government, and is financed by charging fees to members of the financial services industry. The FCA regulates financial firms providing services to consumers and maintains the integrity of the UK’s financial markets. It focuses on the regulation of conduct by both retail and wholesale financial services firms.

The Financial Conduct Authority | 12 Endeavour Square London E20 1JN

Insured Life is a trading name of PBS & Co (UK) Limited (FCA Registration Number: 732728).

PBS & Co (UK) Limited 19 Oxford Road, Bournemouth, England, BH8 8GS United Kingdom.

Whose Products Do We Sell?
  • We offer products from a range of insurers for life insurance and critical illness cover.
  • We offer protection products from a limited number of insurers for Whole of Life and Over 50s plans. A list of insurers we offer insurance from is available on request.
  • As we’re not tied to any ONE provider we are able to search our panel of insurers and find you the best price available to us.
  • We sometimes get preferential rates on selling policies which we pass on to you.
  • We are paid a commission by each insurer for setting up your policy – it costs you nothing to use our service.
What Service Do We Offer?

 

  • We are authorised by the FCA to advise our client on their protection needs. Our advisers will assess your demands and needs and recommend a suitable product that will protect you and your family. We get to know our clients and help them to decide on the right cover for the right price from a panel of leading UK insurers.
  • We will ask you a number of questions designed to make you think about the shortfall in your income in the event of the death of a partner or breadwinner. Our questions are simple and our advisers avoid jargon making it easy for clients to understand
How Much Does Our Service Cost?
  • NOTHING – We do not charge a fee for our service; however, if you take a policy out through us we will be paid by commission from the insurer, but it still costs you nothing.
  • You will receive a quotation which will tell you about any policy premiums relating to any particular insurance policy.
  • We will put your life insurance policy into TRUST for FREE – this means that it may not be counted as part of your estate when you pass away and could secure it from the taxman – why should you lose your payout to the taxman’s inheritance tax?
Who Regulates Us?

Insured Life is a trading name of PBS & Co (UK) Limited who are authorised and regulated by the Financial Conduct Authority (FCA) for insurance mediation under the firm license number: 732728

Our permitted business is administering and arranging general insurance contracts. You can check this on the FCA’s Register by visiting the FCA’s website.

PBS & Co (UK) Limited 19 Oxford Road, Bournemouth, England, BH8 8GS.

Have a Complaint?

If you wish to register a complaint, please contact us:

In writing: PBS & Co (UK) Limited | C/O InsuredLife Complaints Department.

19 Oxford Road, Bournemouth, England, BH8 8GS United Kingdom.
By Telephone: 0800 037 3000

If you cannot settle your complaint with us, you may be entitled to refer it to the Financial Ombudsman Service. Please ask us for more information.

Are We Covered by the Financial Services Compensation Scheme?

We are covered by the FSCS. You may be entitled to compensation from the scheme if we cannot meet our obligations. This depends on the type of business and the circumstances of the claim.

Insurance advising and arranging is covered for 90% of the claim with no upper limit.

Further information about compensation scheme arrangements is available from the FSCS.

http://www.fscs.org.uk/