Income Protection
Tenants, unlike homeowners, rarely receive any protection advice!
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We want this to change and believe that everyone deserves the opportunity to be given information and advice, fairly and impartially. Then you are able to understand certain risks and the relevant products that are designed to try to mitigate these. Income protection is one of many different types of insurance that you can use to protect you and your family and remain in your home, regardless of whether you own it or not.
What is Income Protection?
It is an insurance policy that pays out an amount of money per month whilst you are unable to work due to injury or illness. This means you can continue to pay your rent and living costs whilst you are able to concentrate on just getting better without additional money stress and get back to work quicker.
Income Protection Statistics
27%
The average household income spent on rent payments 2
£1,174
The average rent per calendar month across the UK 1
£0
Self employed workers are paid £0 statutory sick pay 3
£100
Employed workers are paid just over £100 per week statutory sick pay for a max 28 weeks 2