Income Protection Cover

A regular income if you can't work

How would you pay your mortgage and all your other bills if you were off work for a long time due to sickness or accidental injury? You could end up on state benefits once any sick pay runs out, or if you are self-employed, you may have no financial safety net at all.

The NatWest Income Protection Plan, provided by Norwich Union Healthcare Limited, can help you maintain your family's standard of living by providing a monthly income to help pay your mortgage, other debts or household bills.

You must be a resident of the UK, Channel Islands or Isle of Man and aged between 18 and 54 years of age when you take out the plan.

• Real protection - the monthly income you receive under the plan is guaranteed until you are fit enough to go back to work, or until the plan ends (for example at your intended retirement age)
• Tax-free - under the current UK tax rules, any income you receive from the plan is paid free of tax
• Decide your level of cover - your cover can pay benefits up to 60% of your current gross earnings, to a maximum of £3,000 per month
• Flexible - decide how long you want the income to be paid if you're off work - this can be until any age from 50 to 65. You can also decide how soon you would like payments to start if you were unable to work
• Inflation-tracking - benefits are linked to the Retail Prices Index

Important exclusions and legal information

Some types of illness or accidental injury are not covered. This page is a summary of the plan details. Full details of standard cover and exclusions are given in the Policy Wording (PDF 199kb)

Please read this important legal information