Whose income do you want to protect?

Close
Next
Page 1 Page 2 Page 3 Page 4 Page 5
  • See what you could do with a simple protection plan.
  • We're only asking about who's income we’re protecting so that we're clear on what's required.

Protecting your income - if you die early, your income will stop.

This will leave your dependents with an income gap that they will need to bridge each month.

£

This will be the size of the income gap your dependants would be left with, if you were to die while still working.

Back
Next
Page 1 Page 2 Page 3 Page 4 Page 5
  • We need to know roughly how much you earn each month (after tax) for this calculator to work.
  • We are assuming that your dependents will continue to require this income.

State benefits might help reduce the monthly income gap.

There are state benefits available for people with and without children.

Whether or not you have children under 20 in full-time education, your family may be eligible to receive "Bereavement Support Payments" for up to 12 months, which would temporarily reduce the monthly income gap and may be long enough for you to adjust.

Income
Next
Page 1 Page 2 Page 3 Page 4 Page 5

  • We are assuming that the dependency of any children is shared by both you and your partner (if applicable).
  • you may also be eligible for a one-off "Bereavement Support Payment".
  • The exact amount of state benefit will depend on your specific circumstances.
  • You can find out more here .

Monthly mortgage payments take a large part of many family incomes.

If you have a mortgage, and it's insured, it will be paid off if you die. That will reduce your dependents' monthly income gap.

£
Children
Your options
Page 1 Page 2 Page 3 Page 4 Page 5

  • We are assuming that your mortgage is shared.

Monthly income gaps can be bridged with income protection cover.

It's important to review this on a regular basis, and some cover may be better than none.

Back
Update dashboard
Page 1 Page 2 Page 3 Page 4 Page 5