You have 3 types of covers with short term income protection policies – unemployment only, accident & sickness only and the comprehensive unemployment, accident and sickness policy. With long term policies you will be able to get accident & sickness covers.

You can choose how long you wish to wait. This term is referred to as “excess period”. If you choose a back-to-day 1 cover, you will be covered from the very first date of your loss of income. If you choose 30 days excess, you are not covered for the first 30 days and will be covered from day 31 onwards and you will receive your first payment on day 61. With short term policies you should be signed off or be unemployed for 30 consecutive days before you can make a claim. With long term policies having lower excess periods such as 3 days, 1 week or 2 weeks, you can get your claim sooner.

You will be excluded for your existing medical conditions and also any medical conditions you have had in the past 12 to 24 months from making a claim. With some insurers such as L&G, you will be allowed to make a claim after the first 12 months of your policy start date and with others, it can be 24 months or not at all. With long term policies, the insurer will explain your exclusions depending on the medical interview you will have to undergo before your policy is incepted.

You should be employed for a minimum of 6 months and should not be signed off sick when you are buying the policy. This can be slightly lower with some insurers and hence please speak to your advisor if you have not been employed for 6 consecutive months when you are buying your policy.

Yes you can. With most policy transfers, the waiting period will be waived off. It is however dependant on how long your existing policy has been in force, benefit amount and whether you have made any claims on your current policy.

Best Insurers advisors will give limited information and provide detailed quotes by email. You should ask for IPID documents and the full set of policy wordings, read them carefully before you decide to buy.

Yes you can so long as the total benefit amount of such policies does not exceed the maximum benefit amount specified by the insurers.

If you would like your benefit amount to rise in line with inflation, you must seek RPI index linked policies. Such policies can be more expensive but they will ensure that you do not lose your buying power over long periods of time.

Short term policies can be incepted immediately. It should normally take about 15-20 minutes for the advisors to go through all the qualifying and underwriting questions. The policies will be in-force with immediate effect.

With the long term policies, the advisors will initially require about 15-20 minutes to go through all your qualifying questions. The insurer will then call you separately for an in-depth medical interview which can last for about 30-45 minutes. After the medical interview, the underwriters look into each case individually and give them acceptance or highlight exclusions. You will receive a detailed quote and based on your acceptance, the policy can go live.

Yes, Best Insurance can provide you a range of quotes. Best Insurance also provides various options on combining covers from various providers bespoke to your requirements. Your advisor will provide you with the options and also discuss the pros and cons of each one of them.

Yes, Best Insurance can provide you a range of quotes. Best Insurance also provides various options on combining covers from various providers bespoke to your requirements. Your advisor will provide you with the options and also discuss the pros and cons of each one of them.

With income protection insurance, you don’t have to disclose any of your outgoings. The advisors will ask you some of your larger commitments such as monthly mortgage payments or loan payments as it will allow them to compare a wider range of insurers.

Best Insurance is one of the largest retailers of income protection insurance which means you are buying from the market leader. You get no-obligation quotes, free information, support in selecting an appropriate policy, market comparisons and explanation of policy conditions. This will ensure that you qualify fully. All these at the most competitive price.

Yes with some of the short term policies you can have joint cover holders. Speak to your advisor and they will clarify whether the insurer selected for you will allow joint policy holders or not.