It’s a policy that pays a percentage of your income if you’re unable to work due to ANY illness or injury.

— Premiums vary based on age, occupation, and coverage level. Book a consultation for a personalised quote.

Yes! Premiums qualify for tax relief at your marginal tax rate (up to 40% tax relief), making it a cost-effective way to protect your income.

Anyone aged 18-54 and earning a regular income.

It depends on your condition. Some insurers may exclude certain conditions, while others may require an additional premium. Speak to us for tailored advice

You can apply for up to 75% of your pre-tax income, minus any state disability benefits. The maximum allowable benefit is €265,000 per year.  Use our interactive calculator to find out how much you can apply for based on your income and occupation.

This depends on how your policy is structured.  As a rule of thumb, your policy will pay out until you get better & return to work, reach your chosen policy end age (Max age 70) or die – whichever happens first.

Yes! You can set your policy to allow for indexation (to keep up with inflation) or most providers allow for a guaranteed increase option when your salary rises.  This valuable benefit allows you to increase your cover by up to 20% of the original benefit amount – Without providing any further medical evidence – Very important!

You choose a waiting period (deferred period) before payments begin. This can be 4 weeks to 52 weeks—shorter waiting periods mean higher premiums.

Your policy is portable, meaning it stays with you regardless of employment changes as long as you keep paying your premiums.

No, income protection only covers illness or injury. If you’re looking for redundancy insurance, you’ll need a separate policy. We do not provide advice on redundancy insurances.

Absolutely! Self-employed individuals do not qualify for state disability benefits, so income protection is even more crucial.

If you become unable to work, you’ll need to submit a medical report and claim form. The insurer will assess your case and begin payments after your waiting period.  Part of your role, as your adviser, is to help guide you through this process if you ever need it.

The deferred period, also known as the waiting period, is the amount of time you must be unable to work due to illness or injury before your income protection policy starts paying out. You can typically choose a deferred period of 4, 8, 13, 26, or 52 weeks.

• Shorter deferred periods (e.g., 4 or 8 weeks) mean faster payouts but higher premiums.
• Longer deferred periods (e.g., 26 or 52 weeks) result in lower premiums but require you to have savings or another income source to cover expenses during that time.

We help clients choose the most suitable deferred period based on their financial situation, employer sick pay policy, and personal preferences.

Yes, like all insurance policies, income protection policies have certain exclusions where benefits may not be paid. Common exclusions include:

• Pre-existing medical conditions (unless specifically covered by the policy).
• Self-inflicted injuries or illnesses caused by reckless behavior.
• Injuries sustained during illegal activities 
• Redundancy or job loss (income protection only covers inability to work due to illness or injury).
• Pregnancy complications (Most policies cover extended pregnancy-related illness, but not standard maternity leave).

Each insurer has different terms, so it’s essential to review policy details carefully or speak to us for professional advice.

While both Income Protection and Specified Serious Illness Cover provide financial support in times of illness, they serve very different purposes:

If you’re unsure which type of cover best suits your needs, we offer free consultations to help you make an informed decision.