Income Protection
Protecting your most valuable asset – your income
Your ability to work and earn is arguably your greatest asset. Income protection ensures that if illness or injury prevents you from working, you can continue to meet your financial commitments and maintain your lifestyle.
Capricorn’s Protection Team helps you find income protection options for employees, self-employed individuals, freelancers, contractors, and business owners – making it suitable for any type of working arrangement.
What to consider
Income protection acts as personal sick pay insurance, paying a regular monthly benefit if you’re unable to work due to physical or mental illness or injury. You can choose when your benefit starts after being unable to work and how long it will continue, giving you flexible protection tailored to your needs.
- You should consider income protection if:
- You have a mortgage, rent, or other living expenses that must continue even if you cannot work.
- You don’t have sick pay through work or sufficient financial support to fall back on.
- Your work sick pay is limited, and you want coverage beyond the standard period.
- You want to avoid relying on state benefits such as Universal Credit if you become ill or injured.
Find the right cover
Capricorn’s Protection Team helps you find income protection options for employees, self-employed individuals, freelancers, contractors, and business owners – making it suitable for all types of working arrangements.