Important Facts

Whilst this cover is often cheaper and easier to obtain than its big brother, Income Protection, in the large majority of cases, it is not the best solution. 

Your benefit will normally cease after 12-60 months, regardless of whether you are capable of working beyond this. 

The insurer will only assess you and your circumstances when it comes to making a claim. Because of this you can often find the more commonly claimed medical conditions excluded, such as back problems or mental illness. You will often find pre-existing medical conditions excluded. 

This type of cover tends to be renewable, giving the insurer much greater control over your premiums, and most importantly, whether they continue to cover you.