Income Protection

Income protection provides you with an income if you are unable to work due to illness, ensuring that you receive financial support until you are fit to return to your job. This coverage offers you the reassurance that your family’s lifestyle can be sustained even during times of illness when you are unable to earn.

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Find answers to your most pressing questions about our protection planning services and process. The information provided in these FAQs does not constitute professional financial advice. We strongly recommend that you consult a professional adviser before proceeding with a financial transaction.

Is it worth getting income protection?
It depends on whether you currently have income protection and the extent of your coverage; if you are unable to work due to an illness or accident, your employer may provide a certain level of sick pay for a limited duration. However, even when employers offer sick pay, most employees transition to Statutory Sick Pay within six months, and very few employers can support you for more than a year if you are unable to work due to illness. If your income ceases, you could quickly find yourself struggling to pay essential household bills like your mortgage, rent, and utilities. This situation is particularly challenging for self-employed individuals, as there are no sick pay provisions they can rely on.
What does income protection not cover?
Income protection is intended to provide you with a steady income if you are unable to work due to illness or an accident, but it does not offer coverage for job loss or redundancy.
How long does income protection pay out for?
Some policies can provide lower premiums if you choose to restrict the benefit payment duration to two to five years. In contrast, a comprehensive income protection policy will continue to pay out until you are fit to return to work or until your retirement, whichever comes first. If you find yourself unable to perform your previous job due to an illness or accident, a comprehensive policy may also offer supplemental income to help close the gap between your current earnings and your previous salary.
Is income protection better than critical illness insurance?
Critical illness insurance and income protection insurance serve vital but distinct roles in safeguarding your financial well-being and that of your loved ones. Ideally, securing both types of coverage is the best approach, provided it fits within your budget. If cost is a concern, opting for a combination of both, even in smaller amounts, can still offer valuable protection.
Can I have two income protection policies?
The maximum amount you can protect with income protection insurance typically ranges from 50 to 65 percent of your income across all your policies, with the exact limit varying by insurer. If you find yourself insured for more than this upper limit through multiple policies, be aware that your insurer or insurers may restrict the payout you receive in the event of a claim. In cases where your employer’s sick pay policy provides a full salary for a period followed by reduced pay, such as six months at full pay followed by six months at half pay, you might consider utilizing two separate income protection policies. It is advisable for each policy to have a distinct deferred period, ensuring you maintain a consistent income level throughout your time away from work.
What tax do I pay on income protection insurance?
For a personal income protection policy, you cannot deduct premiums from your taxes; however, the benefit payments you receive are completely tax-free. Keep in mind that this tax treatment may vary based on your individual circumstances and could change in the future.

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Embark on your path to a brighter financial future with a complimentary consultation at Fintegrity. Our dedicated team specialises in personalised financial planning that demystifies complex issues, enabling you to make confident decisions. We are committed to your success. Reach out to us today.

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Neil Jenkins, Financial Planning Expert

At Fintegrity, we believe that income protection insurance is not just a policy; it’s a safety net that empowers you to face the future confidently. Our expert team will work closely with you to understand your unique circumstances, ensuring you have tailored coverage that meets your financial needs and protects your income against unforeseen challenges. With our friendly and professional approach, we aim to demystify the complexities of income protection, helping you make informed decisions that safeguard your lifestyle and provide peace of mind for you and your loved ones. We’d like to guide you in securing a brighter financial future where you can thrive, no matter what life throws your way.

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Why Choose Fintegrity

Our services are designed to provide peace of mind and financial security for you and your loved ones.

Personalised Approach

We tailor our strategies to meet your unique financial situation and goals.

Experienced Advisors

Our dedicated team comprises highly skilled professionals with a wealth of experience in financial planning.

Proactive Planning

We emphasise innovative strategies designed to enhance your investment performance while effectively reducing the burden of taxes.

Transparent Communication

We ensure clear and straightforward communication, keeping you informed every step of the way.

What Our Clients Say

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Glenda May 1 week ago
I would highly recommend Neil, he is professional, patient and explained everything in an easy to understand format. He has helped me decide the best way to manage my 4 pensions and purchase an annuity. He kept me updated on a weekly basis throughout the process. I will definitely be using him in the future for inheritance advice.
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bene dominici 1 month ago
An excellent and truly personalized financial advisory service. I turned to Fintegrity to resolve a complex issue that arose due to my initial lack of understanding. Neil not only resolved the matter with outstanding expertise but also completely changed my perspective, guiding me with patience. Beyond his undisputable professionalism, he is a man of great humanity, who listens and builds a genuine relationship of trust. He has given us back peace of mind and a serene future. I cannot say anything other than a heartfelt THANK YOU for everything you have done for me and my family.
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Kay Cooper 3 months ago
Neil has been fantastic in helping me sort out a long-term financial plan. His knowledge and advice has allowed me to stop worrying about the future and actually make my money work harder for me. Highly recommend!
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DJ UC 4 months ago
Neil has been very professional and thorough with excellent patience. I am new to financial planning and he has been super helpful every step of the way
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Sandra Bailey 5 months ago
I have been extremely happy with the service provided by Neil Jenkins. The advice given and his pleasant manner made me feel reassured when finalising my divorce. My annual review meetings are always thorough and informative.
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Sandra Merriman 5 months ago
I have been extremely happy with the service provided by Neil Jenkins. The advice given and his pleasant manner made me feel reassured when finalising my divorce. My annual review meetings are always thorough and informative.
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Steven 6 months ago
I started working with Neil and Fintegrity IFA around two months ago, and the experience so far has been excellent. The process has been professional, straightforward, and easy to understand thanks to Neil’s clear and patient approach. At no point have I felt rushed, with everything being explained and progressed at a pace I’m comfortable with. The service has been tailored to suit my specific circumstances and requirements, which I really appreciate.
I wouldn’t hesitate to recommend Neil and Fintegrity.
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Fiona 6 months ago
Neil gave good advice and reassurance, confirming the research I had already done but was not sure I’d understood correctly. Highly recommend his one-off pension advice package
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Cath Addis 1 year ago
We have used Neil for pension and estate planning. He has always been very easy to talk to, explaining all the options very clearly. We couldn't be happier and trust him completely.
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Chris Boddice 1 year ago
Neil has been very helpful in reorganising my finances and has given me confidence that I am making the right choices. Great at explaining options and implications and at asking questions that make you think hard about what you really want. Recommended.
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The Areas We Cover

We are proud to support clients right across South East London, with a particular focus on the boroughs of Bexley, Bromley, Greenwich and Lewisham, as well as nearby Dartford. From Bexleyheath, Sidcup and Welling through to Blackheath, Woolwich, Charlton and Eltham, and across Orpington, Chislehurst, Beckenham, Peckham and Lewisham, we offer independent financial advice that is tailored to local families and professionals. With our office based in Blackheath, we are well placed to serve the whole region, combining national expertise with a strong local understanding of the communities we work with.

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Neil Jenkins owner of Fintegrity

Secure your financial future with clarity and confidence. At Fintegrity, we provide independent advice on pensions, investments, retirement planning and family protection — helping you make informed decisions that align with your goals. Join our newsletter today for expert insights, practical tips, and updates designed to keep your finances on track in an ever-changing world.

Address: The Workers’ League House, 44-50 Royal Parade Mews, Blackheath, London, SE3 0TN

Telephone: 020 8301 2345

email: hello@fintegrityifa.co.uk

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