Sml Shield

Trusted by over 400,000 with their insurance needs

Sml Star

Our service is rated ‘Excellent’ on Feefo

Sml Agent (1)

Over 2000 insurance specialists ready to support you

Income Protection Insurance

If you’re unable to work because of illness, an income protection policy pays out a proportion of your monthly income, offering peace of mind and security against lost earnings until you were able to work again.

  • Get a quote through our sister company Usay.
  • Tailored cover
  • UK-based support
A shield with a tick inside it on a big translucent blue circle
Man in a wheel chair at a desk talking to a man who is smiling sitting next to him
If you need additional assistance arranging your insurance, find out how our teams can support

One of the UK's leading independent insurance brokers

Flexibility (1)

Easily compare quotes

From our panel of trusted brands

Trusted brand icon

Overall service rating 4.6 / 5

Based on 4260 customer reviews

Feefo Logo

Why choose income protection insurance with Towergate?

Calandar

Future-proof your income

Safeguard the future of your income.

Tick

Tailored income protection cover

Get cover that is relevant to your needs.

Money

Income protection when you need it

Income protection insurance that pays out when you need it to.

Direct Debit icon

Pay by Direct Debit

Choose to spread your payment into 10 monthly Direct Debit instalments.

About income protection insurance

Care

Peace of mind through income protection insurance

If you’re unable to work because of illness, the policy pays out a proportion of your monthly income, offering peace of mind and security against lost earnings until you were able to work again.

Money

Cover self-employed income

If you are under 60 and are self-employed, with no sick pay to fall back on - meaning if you don’t work, you don’t get paid - income protection insurance can cover your lost earnings until you can work again.

Man

Income protection insurance experts

Usay Compare are a market leading comparison service and, like Towergate, are part of The Ardonagh Group. Their team of experts will take out the hard work of finding a suitable income protection policy by supplying the best and most cost-effective quotes for you and your specific needs.

Chat

Get a free no-obligation quote

Usay Compare's expert advisers can both advise you on the best income protection insurance policy for you, and search the market for the best price.

When you need to make a claim, we'll guide you through the process and get your claim settled as quickly as possible.

  • Find your insurance documents and make sure you have all your information at hand, including your policy number.
  • Call the claims team on the claims number in your policy documents and explain exactly what happened.
Smiling women sitting on a rug on a parquet floor leaning on a sofa looking at her mobile

Ready to get covered?

  • Fill in our online quote form or call us
  • Select your insurer and price
  • Relax - You're covered!
Get a Quote

Income protection insurance FAQs

This policy pays a tax free weekly or monthly lump sum while you are off work for any health-related reason.

It covers up to 70% of your monthly income, helping pay your ongoing bills. There are different levels of cover you can chose to suit your financial needs and budget.

Yes.

This depends on your circumstances:

  • Your income protection policy will have a deferral period – usually between 1 and 52 weeks - and if your company offers full sick pay, then you would only need to claim once that ends.
  • If your company only offer statutory sick pay, then you may wish to opt for a shorter deferral in order to cover the loss of income. 
  • If you are self-employed, again a shorter deferral will likely be needed. 

Note that the shorter the deferral period, the larger your premium will be.

Yes.

We have provided a summary of the key features of the policy above. For details of the terms and conditions applicable, please refer to the insurance product information document and policy wording, which are available during the quotation process.

Most policies do exclude drug and alcohol misuse and self-inflicted injuries. 

Each year one million workers find themselves unable to work (ABI).

If you are of working age, have monthly outgoings and don’t have indefinite sick pay from your employer – or enough savings to keep you going indefinitely – you should consider this policy.

Read more FAQs

Income protection insurance articles and guides

Are you ready to scale up your business?

When your company is thriving, you may consider scaling up. This article looks at key considerations to take into account when scaling up your business.

Read more

Business Insurance Checklist

Get the best business insurance. Our checklist will help you understand what makes the best business insurance and what you can do to be best protected.

Read more

Managing the growth of a small business

Ruth badger gives her expert advice for micro businesses for managing their growth and increasing profits.

Read more

Business Insurance Jargon Buster - the ins and outs of insurance

Use our simple jargon buster to find out what various business insurance phrases and terms mean.

Read more

Making Tax Digital for Businesses

Making Tax Digital (MTD) will affect all businesses and is a key element of the government’s plans to make it easier for businesses and individuals.

Read more