09/12/2025
3 Questions to Ask Before Choosing Income Protection 🛡️
If you’re self-employed, your income is your biggest asset — so choosing the right income protection matters.
Before you take out a policy, make sure you ask yourself these 3 questions:
1️⃣ How long could I survive financially if I couldn’t work?
This helps you choose your deferred (waiting) period.
A shorter wait means a faster payout but higher premiums.
A longer wait = lower premiums but more savings needed.
2️⃣ Do I want my cover to stay the same, or increase with inflation?
If you want your benefit to keep up with rising living costs, choose an inflation-linked (increasing) policy.
If you prefer predictable payments, a level policy may suit you.
3️⃣ What definition of incapacity am I being covered under?
Incapacity to work is deemed by your doctor and that means it covers both your physical and mental health & wellbeing.
✨ The right policy should protect you, your family, and your business — not confuse you.
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