Types of income protection policy

The insurance industry can confuse customers and itself with the titles it gives to types of policy within the wider definition of Income Protection Insurance. The narrow definition of Income Protection Insurance only applies to products, which pay you an income if you become unable to work due to sickness or injury.

We are following consumer logic by including within Income Protection Insurance, other products which the industry calls Mortgage Payment Protection Insurance, Payment Protection Insurance, and International Income Protection. To add to the confusion, other commonly used names for income protection are; Permanent Health Insurance (PHI)-which was used in days before the Income Protection name was used, Income Replacement Insurance, or Long Term Disability Insurance

Policies to protect mortgages, loans or credit card debts are frequently called Accident Sickness Unemployment (ASU) policies.

Insurers themselves often confuse it further by using product names like " Protection " which can include income protection, critical illness, life and other products.



Latest news

AXA PPP healthcare win at UK Customer Experience awards 2015

David Mobbs retires as CEO of Nuffield Health

King's victorious at World Transplant Games

FREE Guide
FREE Guide

Income protection insurance guide

  • Types of Premium
  • Choosing the right policy
  • Cost


Find a plan...

Find a plan...

A to Z of companies and plans
for Students
for People with pre-existing conditions
for Expatriates
for Cancer cover
for Public sector/Civil service
for The elderly
for Businesses
for Small businesses
for Individuals
for Over 50s
for Children
by name
...within: miles
Connect with us on:

This site compiles with the HONcode standard for trustworthy health information