Income protection isn’t just for physical injuries

When we think about being unable to work, we might picture a broken leg, a serious accident or a physical illness.

But mental health conditions can affect our ability to earn a living, too — and it’s something worth considering when thinking about protecting your income.

According to figures published by the Association of British Insurers (ABI) in June 2026, insurers paid out £39 million in individual income protection claims relating to mental health conditions during 2025. That accounted for nearly one in five individual income protection claims paid during the year. (Source: https://www.abi.org.uk/media-hub/news-post/protection-insurers-pay-out-7-84-billion-to-help-customers-safeguard-their-finances).

Whether you’re employed, self-employed or running your own business, mortgage payments, household bills, food and childcare costs don’t stop if you’re too unwell to work.

Statutory Sick Pay or employer sick pay may provide some support, but it might not cover all your usual outgoings, particularly if you’re off work for an extended period.

This is where income protection could help.

An income protection policy can pay you a regular benefit if illness or injury prevents you from working, subject to the policy’s terms and conditions.

Depending on the cover you choose, payments may continue until you can return to work, the policy ends, or you reach the end of the agreed benefit period.

Some policies also include additional support, such as access to rehabilitation services or help with mental health concerns. What’s available will depend on the insurer and the policy.

Check what benefits you already receive through your employer so you can identify any gaps.

A little preparation can make a difference: It’s not always comfortable to think about what might happen if illness stopped you working. But having a plan in place could ease the financial worry in an already difficult situation.

If you have a mortgage, a family to support or simply rely on your salary to cover your monthly commitments, it’s worth considering how long your savings would last if your income stopped.

Could your finances cope if you were unable to work for several months?

If you’re unsure, get in touch. We can help you review your existing arrangements and explore whether income protection could provide a useful safety net for you and your family.