Income Protection
Welcome to YFA, your trusted UK broker for income protection insurance. We help individuals, families, and self-employed professionals secure reliable monthly income if illness or injury prevents them from working. With income protection, you can protect your lifestyle and maintain financial stability during tough times.
Why Use YFA for Income Protection
Independent Advice: We’re not tied to any insurer—so we’ll find the best plan for your circumstances.
Policy Customisation: Choose cover that fits your job, health status, and financial goals.
Clear and Honest Guidance: No jargon, no hidden terms—just honest advice and expert help.
End-to-End Service: From quote to claim, we’re with you all the way.
Long-Term Relationships: Your policy should grow with you. We offer regular reviews and check-ins to keep your cover relevant.
What Is Income Protection Insurance?
Income protection pays a regular monthly benefit if you can’t work due to illness or injury. Unlike sick pay or short-term benefits, it can cover long absences—even years—and is especially valuable for those without employer-provided cover.
How to Get Income Protection
We’ll assess your employment type, health, and financial commitments to match you with the right insurer. You’ll get a personalised quote, help with medical questionnaires, and full support through the application process.
Income Protection Calculator – How Much Cover Do You Need?
Use our income protection calculator to estimate the level of cover and monthly benefit that fits your income and lifestyle. For detailed help and quotes, speak to one of our advisors today.
Is Income Protection Right for You?
If losing your income due to illness or injury would create financial strain for you or your family, income protection could be an essential part of your financial plan. It’s designed to provide a regular income if you’re unable to work due to a medical condition, helping you keep up with everyday expenses like mortgage payments, bills, and other commitments while you recover.
We understand that everyone’s situation is different. That’s why we take the time to understand your personal circumstances and financial goals before making any recommendations. We’ll explore all your options — including alternatives like critical illness cover, employer sick pay benefits, or building an emergency savings buffer — and help you decide what level of protection, if any, is right for you.
Our goal is never to sell you a policy you don’t need — but to give you peace of mind and practical support when it matters most.
Income Protection FAQ
What does income protection cover?
Income protection pays a monthly benefit if you can’t work due to illness or injury, typically covering 50-70% of your gross income until you return to work or retire.
How long before I can claim?
Most policies have a deferred period (waiting time) of 4-52 weeks before payments begin. Longer waiting periods typically mean lower premiums for the same coverage.
Is income protection tax-free?
Benefits are usually tax-free if you pay premiums personally. However, if your employer pays premiums or you claim tax relief on them, benefits may be taxable.
Can I claim if I'm made redundant?
Standard income protection covers illness and injury, not redundancy. You’d need separate unemployment cover or a combined policy that specifically includes redundancy protection.
How much does income protection cost?
Premiums typically cost 1-3% of your annual income, varying by age, health, occupation, and coverage amount. Non-smokers and desk-based workers pay less than average.
What occupations pay higher premiums?
High-risk occupations like construction, offshore work, or professional sports face higher premiums. Office-based professionals typically qualify for standard rates with better terms.
Can I increase my cover later?
Many policies offer guaranteed insurability options, allowing you to increase cover for life events like marriage, children, or mortgage increases without additional medical underwriting.
Will Your Financial Assurance be my best option?
Your Financial Assurance has grown from strength to strength, offering not only great deals but also full customer support. Help is just a phone call away whenever you have questions — YFA is always there for you. Don’t just take our word for it; check out our Trustpilot reviews and see for yourself!
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