Income protection
Get income support in the event of illness or injury.
Speak to an expert Life insurance quote.
Enjoy 12 months of Disney+ on us!
Get 12 months of Disney+ (Standard With Ads) when you purchase a new protection policy directly with us.
With blockbuster movies, new originals, and much-loved shows, there’s something for everyone to enjoy.
Stream endless entertainment and relax, knowing we’ve got you covered.
Your subscription starts after you make your first payment.
We can amend or withdraw this offer at any time.
Included at no extra cost
Designed to work for you
There are two ways to get income protection cover.
Level cover
The amount of cover you choose, and the amount you pay each month stays the same for the length of the policy.
This can give you a sense of security that the amount you pay will never change.
Increasing cover
The aim of this policy is to help match increases in the cost of living. Your monthly payment amount will increase over time, and so will your cover amount. The amount you pay increases by a slightly higher rate than your cover amount.
We’ll tell you each year how much your cover and your monthly payments will increase by.
Income protection examples
Andy's story
Andy is a non-smoking 30-year-old self-employed plumber.
If he was injured on the job and unable to work, paying the bills would be a problem. After speaking to a protection expert, Andy realised he could get level cover costing £47.08 a month.
Andy will pay the same amount of money into his cover each month. If he can't work because of illness or injury, after his chosen waiting period he’ll get up to £2,000 a month.
This is a fictional example based on a potential customer.
Cath's story
Cath is a 40-year-old non-smoker. She worked as a solicitor's clerk. Two years ago Cath was in an accident, and now can’t work anymore.
Three years before the accident, Cath spoke to a protection expert and decided to take out full term increasing cover with payments, starting at £24.24 a month.
If she made a claim, this could pay out until her planned retirement age. After the accident, Cath made a successful claim and after her chosen waiting period, she now gets £1,000 a month. This income will rise every year in line with cost of living increases.
This is a fictional example based on a potential customer.
Work out what it costs
How much does income protection cost?
To get a good idea of how much your cover could cost, you can get a quote from one of our experts.
The average cost can vary greatly depending on:
- your age at the start of the policy
- if you smoke, vape or use nicotine products
- your occupation
- the amount you want to cover
- your chosen waiting period
- the type and duration of cover you choose
- your answers to the application questions.
Speak to an expert to get income protection
A Lloyds protection expert will speak to you on the telephone and find a policy that works for you.
They’ll help you with Scottish Widows income protection policies.
It’s free, and you don’t have to agree to anything on the call.
Call for a quote on 0800 131 0552.
Lines are open Monday to Thursday 9am to 7pm, Friday 9am to 6pm.
Or request a call-back at a time that suits you.
Scottish Widows protection products have no cash-in value at any time. So, if the policy ends without a claim, you won't get any money back. If you don't make payments on time, your cover will stop, your policy will end, and you'll get nothing back.
You may also like
Life insurance
Life insurance can act like a safety net. It pays out a cash lump sum if you die before your policy ends. So it could help your loved ones cope financially when you can't be there.
Find life insurance that's right for you. Work out how much you need and get a quote today.
Critical illness cover
Critical illness cover could pay you a cash lump sum if diagnosed with an illness covered by your policy.
Find critical illness cover that's right for you. Work out how much you need and get a quote today.
