Income protection provides vital financial security should your income stop through an accident or ill health.
This flexible protection plan is designed to give you a regular, tax free monthly payment if you are unable to work due to incapacity caused by illness or injury, resulting in a loss of earnings during the policy term. It is designed to fit in with existing work benefits you may have and can be adapted for your personal circumstances. This includes finding an affordable monthly cost for you to get the appropriate level of cover.
This is particularly important when you consider that your lender will expect you to honour your repayment each month, including when you are off work through accident or ill health. It will help provide financial security to assist you in paying your mortgage or rent, cover monthly bills or support your family and lifestyle.
Contact one of our mortgage and protection advisers for more information on income protection and a copy of the Legal & General Key Features Document that sets out policy options and benefits.