What is Income Protection Insurance?

Income Protection pays out monthly when you’re too ill or injured to work.

Illnesses and injuries can happen to anybody. If you couldn’t work, how long would you manage without a regular income? This cover could help you pay the mortgage or rent, bills and everyday expenses.

Legal & General offer a choice of waiting periods, limited benefit periods and an increasing plan to help protect the monthly benefit against inflation.


  • Limitations and exclusions apply – when considering cover, always check the policy document for details.
  • Income Protection is not a savings or investment product ‐ it will only pay out if a valid claim is made.

Getting advice

To get a quote and apply, you will need to book an appointment with an adviser at Legal & General.

They can:

  • Help identify your needs.
  • Make recommendations for protection to suit your personal circumstances.
  • Help you make your application.

How much Income Protection do you need?

You’re probably the best person to answer that question.

You’ll want to think about:

  • How much it costs to pay your mortgage or rent each month?
  • The monthly cost of your outgoings, including bills?
  • Any relevant insurance that you might already have. Is it enough or is there a gap?
  • Whether you want to cover just the essentials, or closer to your full income?

How much does it cost?

The longer the policy lasts and the bigger the pay outs, the more it will cost. But it might cost less than you think.

Things that affect the cost of Income Protection include:

  • Your age – the earlier you take out Income Protection Insurance, the less expensive the premiums are likely to be.
  • Your occupation.
  • The length – the longer a policy pays out for, the more expensive it is.
  • Your choice of cover – the type of cover you choose and features it includes will impact the price.


Make sure all information you give when you apply is accurate. Incorrect details could invalidate your policy and stop a claim being paid out.

How long do you need cover for?

Everyone's cover needs are different.

You might want to think about:

  • How much sick pay you currently have through your work. For example, are you self-employed? Or, if you’re employed, does your employer offer a comprehensive sick-pay scheme?
  • How far your savings would go if you weren’t working - how many months of outgoings they would cover?