Income Protection

Income protection pays out when the insured is unable to work because of illness or accident. It provides a regular income (weekly or monthly) to replace that which the insured may no longer be able to earn him or herself.

A typical definition is as follows:

Disability for the purpose of this policy means that the insured is totally unable by reason of sickness or accident to follow the occupation stated in this policy and is not following any other occupation.

Benefits can be payable up to retirement age or for a short maximum period.

Holdaway Johnson Financial Services Ltd. are authorised & regulated by the Financial Conduct Authority.

The Financial Conduct Authority does not regulate all the products and services we provide.