Payment Protection Insurance Basics

Hard to beat...
The advantage with our policy is that it is age-rated – the younger you are, the lower the premium. If you’re aged between 18 and 45, you’ll find our premiums hard to beat, and even if you are over 45 we can still be competitive when compared with the products from many of the banks and mortgage lenders.
Just think about it, you turn up at work next week and you’re told you’ve been ‘let go’. Alternatively, just imagine if you lose your income because of sickness or because of an accident. How will you pay for all those financial commitments whilst you find another source of income or recuperate? If you’d rather be safe than sorry it may make sense to get yourself some payment protection insurance.
Payment protection insurance (also known as income protection or accident, sickness and unemployment insurance) is a safeguard against the risks of losing your job and thus your income. With payprotect you’ll get one of the most cost effective ways to get peace of mind.
In summary, with payprotect you'll get:
- A quote in minutes – you can get a quote in less time that it takes to make a cup of tea.
- Peace of mind for less – payprotect starts from £1.46 per £100 of full cover* and pays you a fixed monthly income for up to 12 months or until you find another job or recuperate.
- A tax-free payout - if you need to claim you’ll receive a monthly amount paid directly to you - tax free.
- Easy payment – by monthly direct debit.
- Flexibility - you can insure your income for accident and sickness only or include unemployment too. You also have the choice of a deferment period of 30 or 60 days.
- Money back – if you change your mind within 14 days, don’t worry, we’ll give you a refund.
payprotect is underwritten by Pinnacle Insurance Plc, one of the UK's leading providers of protection based products.
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The Basics
What's Covered
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