INCOME PROTECTION INSURANCE
We’ll find the specialist deals to safeguard your livelihood.
Income Protection Insurance provides a monthly income if you can’t work through Illness or Injury.
When you’re ill or injured and can’t work, Income Protection Insurance is there to support you.
It pays a proportion of your lost earnings so you can concentrate on looking after your health and wellbeing and getting well to be able to return to work without adding stress and panic about how you will continue to pay your bills during this period.
For insurance business we offer products from a choice of insurers.
How does Income Protection Insurance work?
Income protection insurance is designed to be a backstop if you are unable to work for a period of time where your employer’s sick pay benefit ends. An example would be if your employee sick pay covered you for 3 months but you were unable to return after this initial sick pay period.
The policy would be deferred for months, to take account of the 3 months your employer would continue to pay you, and after the 3 months is up then the income protection insurance policy comes into force and pays a tax-free amount directly to you to cover bills and costs.
We work for our customers around the clock, and pride ourselves on never leaving you waiting for an answer.
What Income Protection Insurance options are available?
There is a range of income protection insurance options available to suit client requirements and budgets.
- Living Costs Protection – This policy offers a maximum monthly income of £1500 and is paid for a maximum of 12 months post the deferral period for each claim. The policy, if maintained, continues even if a claim is made and can be claimed on for each subsequent allowable illness/injury.
- Short term Income Protection – A range of insurers offer short term income protection insurance that will normally cover up to 60% of your gross monthly basic wage for a period of up to 2 years after the initial deferral period. Again, as long as the policy is maintained then subsequent claims, that are validated by the insurer, can be made.
- Full Income Protection – This policy will protect your income up to the end of your mortgage term, or retirement age, should you become ill or have an injury where you are unable to return to work again. I.e. it will pay you an income from the point of illness/injury for as long as is left on your mortgage term or until you retire.
- You can consider fixed income options which remain the same throughout the time that you hold the policy for or increasing options where the income payable rises in line with inflation.
See how we’ve helped others
David arranged both our private & rental property mortgages along with other financial matters & made the whole process as straightforward & easy as possible for us.
He was utterly professional & took us step by step through each process taking a huge amount of the stress away from us.
We couldn’t recommend The Mortgage Branch highly enough we are so glad we found you!
Thank you so much!
Alex Carpenter
Miles and the team are incredibly professional and I absolutely love the fact that they plant a tree for every mortgage!
Thank you so much!
Lauren Gilberthorpe
I would recommend The Mortgage Branch to anyone looking to arrange a mortgage, however difficult the circumstances might be.
Thank you so much.
Samantha Scott-White
Highly recommended, very happy customers!
Alex Kulakevich
4 months ago I was stressed out and deflated, now because of The Mortgage Branch they've made us excited again!
Thank you, thank you, thank you!
Jess Lee
My partner and I were looking to buy a new house and we were looking for the right deal that we could get during these uncertain times, were so glad that we contacted The Mortgage branch, Cheltenham who helped us get a great deal!
We dealt with both David and James who both couldn't do enough for us!!
A* for customer service and done with a smile!
Curtis Russell
Excellent service throughout the whole re-mortgage process. I could not have asked for more.
Great to see that the service exceeds expectations!
David Jones
Friendly and very professional. This is just the best place for anyone who needs a mortgage.
A big thank you!
Nuno Pinto
Miles and his team at the mortgage branch are excellent.
They dealt with a re-mortgage for us super efficiently with no drama whatsoever.
A massive thumbs up from us, highly recommend
Adam Lagos
Excellent and very efficient service from Jake, no query too small.
Always available and always more than happy to help.
Highly recommended.
Gary Parrish
David was fundamental in my house purchase.
He went above and beyond what was expected of him. My case was particularly complex however David constantly sought out solutions and contacted other parties when necessary.
Aside from making the process really easy for me, he also found me great products. He is reliable, consistent and we found him very trustworthy.
I highly recommend David.
Az Yi
David did a fantastic job with my Mortgage application.
Being my first mortgage, he was patient and understanding with all my questions, and he even liaised with my accountants directly.
Would recommend!
Emily Chung
Miles and the team at The Mortgage Branch were fantastic, and couldn't have been more helpful through the process.
Thanks!
Jamie Walters
The Mortgage Branch could not have been more professional, helpful and generally pleasant.
Great knowledge and felt very confident and assured throughout.
I am now a homeowner - so thank you very much indeed!
Daniel Davies
An absolutely superb and superior personal service taking the stress and pressure out of the house buying process.
Chris Barry
We've just dealt with Jake Aubertin at The Mortgage Branch and, not only was he an absolute pleasure to deal with, he was able to save us over £10k on our total mortgage repayment! No-fuss, no mess, just honest, helpful advice.
I cannot recommend enough.
Jonny Carr
Having recently re-mortgaged residential and BTL properties through the Mortgage Branch it’s refreshing to find a team who deliver what they promise.
The client really does come first and Miles has worked tirelessly to find the right deals for me which is why I have happily recommended him to a couple of business partners who have also received the same high level of service.
It doesn’t matter how simple or complex the requirement is, Miles and David have the expertise, commitment and customer focus to find the very right deal.
This is such a painless process when you have a professional onboard and I would have no hesitation in recommending them again.
Dave Surgenor