Income Protection Options


Income Protection 

This policy is designed to provide an income in the event the insured individual is unable to work due to ill health. The level of premium will depend upon the amount of benefit and term selected and most policies cease to pay the benefit once the insured is able to return to work. Income Protection policies are usually written to retirement age or 60 if earlier.

Accident, Sickness & Unemployment (ASU) 
ASU policies were traditionally sold to accompany mortgages, allowing for a regular income to be paid to the insured should they be unable to work due to ill health, an accident (or lose their job). The product can be split down, and unemployment cover is usually the optional extra available for an additional premium. Benefits are only usually paid for a specified time for example 12 months. It is important to compare ASU and Income Protection closely as one may be more suitable than another. It may also be possible to use the 2 products to work in tandem with each other. 


Steggles & Co Ltd, Financial Advisers, Arterial Road, Eastwood, Leigh-on-Sea, Essex SS9 4XX.
Tel: +44 (0)1702 511144. Email: info@stegglesandco.com
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Registered Office: ESW, 162-164 High Street, Rayleigh, Essex, SS6 7BF.
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The guidance and/or advice contained within this website is subject to the UK regulatory regime and is therefore targeted at consumers based within the UK, or UK ex-patriates.

Steggles & Co Ltd is Authorised and Regulated by the Financial Conduct Authority. Financial Services Register Number 403458.
Registered in England & Wales, Company Number 05199281. Registered Office address: BMW House, Arterial Road, Eastwood, Leigh-on-Sea, Essex, SS9 4XX. Trading address: Same as registered. Telephone: 01702 511144
The guidance and or advice contained within this website is subject to the UK regulatory regime and is therefore primarily targeted to customers in the UK.
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