Income Replacement Insurance

Don’t just assume you will never lose your health.
Instead, prepare for the worst and hope for the best.


Please note: You will be transferred to the Expatriate Group site for a quotation. They will also send us a copy, so we can help with any queries.

What is Income Replacement Insurance?

Accidents and illness can occur at any time. Depending on the severity of the accident or illness you could end up permanently disabled, temporarily disabled, or even losing your life. Protecting yourself and your family during times when a primary wage earner is unable to work brings incredible peace of mind.

Income Replacement Insurance protects you and your family by providing you with a capital payment if you can no longer attend your normal occupation due to accident or illness.

Key Benefits

  • 24 hour support
  • ‘Usual occupation’ cover
  • Lump Sum for Accidental Death
  • Lump Sum for Permanent Disability
  • Weekly benefit for Temporary Disability
  • Underwritten @ Lloyd’s of London

Three types of income protection

Permanent Disability Insurance

Income Replacement Insurance pays you a capital amount in the event that you are unable to attend your normal occupation due to an accident or an illness – securing the financial future for you and your family and putting the earning potential back in your hands.
Permanent Total Disability benefits are available up to ten times your normal gross annual salary, for people aged between 18 to 65 years of age.

Accidental Death

Your death will have a massive effect on your family separate to the physical/emotional loss; the financial loss in event of the death of a primary wage earner is an extremely difficult situation for the surviving family members.
A capital payment, decided by you at the outset of the policy, is paid to your designated beneficiary, affording your family with financial security in the event of your death.
Cover is available for 18 – 65 year olds, with an amount payable of up to 10 times for gross annual salary.

Temporary Total Insurance

Long term disability through accident or illness will affect your income and your ability to pay your bills.
Temporary Total Disability cover provides a number of choices to allow you to tailor cover to match your own personal circumstances.
Benefits are payable weekly and are calculated based on your net weekly salary when the cover is purchased. Benefit payments can start from as soon as your 14th day of disability; payable for up to 2 years.

Please note: You will be transferred to the Expatriate Group site for a quotation.


FAQs Income Protection

Am I eligible to purchase the income protection?

If you are working and aged between 18 and 65 years old you can purchase our Income Protection. Restrictions may apply to some countries, which will be noted to you as part of the application process.

How much can I claim with Income Protection Insurance?

In the event of your accidental death or if you become permanently disabled a lump sum of up to 10 times your gross annual salary will be paid (up to a maximum of £1 million).

If you are temporarily disabled benefits can start from as soon as your 30th day of disability.
The amount will be calculated based on your net weekly salary at the time your cover is purchased (up to a maximum of 75% of your gross salary). Benefits can be received for up to 2 years.

What is the max benefit period?

Both the accidental death and permanent total disability benefit are payable as a lump sum.
You can choose a maximum benefit period of either 52 or 104 weeks for the total temporary disability benefit.

What is the difference between Accident & Illness and Accident only?

As you would expect, Accident Only coverage won’t cover any illnesses. Therefore, if you are seeking a policy that will provide you with a more comprehensive level of cover, then the Accident & Illness policy may be a better solution for you.