Types of Income Protection Cover

You can choose one of the following two options:

The regular income we would pay in the event of a successful claim is fixed when you start paying the premiums and will not change. This means it won't keep up with inflation, and will buy less in the future.

Both the regular income we would pay in the event of a successful claim and the premiums you need to pay go up each year in line with inflation. We measure this using the Retail Prices Index (RPI).

Whichever option you choose, if you stop paying your premiums, you may not be covered when you need it most. This plan has no cash in value at any time.