- Monthly benefits when your sick pay ends, so your income is always covered
- The freedom to adapt your protection plan as you progress through your career
- Access to free healthcare and support services to get you back to work quicker
- Payout on 97% of claims in 2023
On this page
When your health suffers, your finances don't have to
If ill health stopped you from working, would you be able to cover your mortgage and other family expenses?
At Wesleyan, we can provide you with the peace of mind that you’re covered, even when your sick pay runs out. Our Income Protection Plan is designed to kick in when this period ends.
We’ll pay you a monthly income to make sure you can meet all your regular outgoings. You can also access free healthcare and support services to help with your recovery.
Specialist cover with a proven record on claims
Tailored to your career
We provide tailored income protection for doctors and dentists. Wesleyan Financial Services can provide a broker service* for teachers too.
Cover you can trust
When you take out income protection, you need to be confident your cover will pay out when you need it. In 2023, Wesleyan's Income Protection Plan paid out on 97% of claims (£22.1m in total).
Expert advice
Not sure how much replacement income you’re going to need or how long the cover should last? Specialist Financial Advisers from Wesleyan Financial Services are on hand to advise.
Key features
Getting you back on your feet
When you’re off work through ill health, knowing that your income is protected means you can focus entirely on your recovery. But that’s not the only way we help you get back on your feet.
Take out income protection with Wesleyan, and you’ll get access to a range of practical care and support services through our partnership with Innovate. Help like physiotherapy, osteopathy or counselling - all available at no extra cost alongside your plan.
Find out more in our income protection brochure.
Enhanced cover of up to £4,000 per week
The amount of benefit you get will depend on the level of cover you take out. However, there are some maximum limits. For doctors and dentists, the maximum pay-out is £4,000 per week. For other occupations, it’s £2,500 per week.
In terms of how long you receive it for, it’s up to you. The standard benefit payment period is two years, but you can extend this to five years or to a period that takes you right up to your ‘plan end age’.
Your plan end age is the age at which your cover will stop. You can always change this later down the line.
Flexibility when you need it
If you want to change the deferred period (how quickly you receive your benefits) or the level of your cover, you can do so at any time. It’s a flexible plan, built to move with your career - and you can get cover up to the age of 70.
Immediate payout if you're self-employed
Our Income Protection Plan is designed to be flexible enough to start paying you a replacement income once your employer’s sick pay reduces or stops – but if you’re self-employed or in a partnership, you can set the deferred period yourself.
In other words, if you don’t have any sick-pay provision, you can choose to have the plan pay out from when you're forced off work, subject to a seven-day period of continued incapacity.
When you’re off work through ill health, knowing that your income is protected means you can focus entirely on your recovery. But that’s not the only way we help you get back on your feet.
Take out income protection with Wesleyan, and you’ll get access to a range of practical care and support services through our partnership with Innovate. Help like physiotherapy, osteopathy or counselling - all available at no extra cost alongside your plan.
Find out more in our income protection brochure.
The amount of benefit you get will depend on the level of cover you take out. However, there are some maximum limits. For doctors and dentists, the maximum pay-out is £4,000 per week. For other occupations, it’s £2,500 per week.
In terms of how long you receive it for, it’s up to you. The standard benefit payment period is two years, but you can extend this to five years or to a period that takes you right up to your ‘plan end age’.
Your plan end age is the age at which your cover will stop. You can always change this later down the line.
Our Income Protection Plan is designed to be flexible enough to start paying you a replacement income once your employer’s sick pay reduces or stops – but if you’re self-employed or in a partnership, you can set the deferred period yourself.
In other words, if you don’t have any sick-pay provision, you can choose to have the plan pay out from when you're forced off work, subject to a seven-day period of continued incapacity.
What you need to know before you apply
Limits, exclusions and charges may apply. Full terms and conditions of the policy and cover, including the policy benefits and exclusions, will be contained in the Policy Wording and Policy Summary.
Risk must be acceptable to underwriters at normal term.
Frequently asked questions
There’s no right age to take out income protection. Illness and injury can happen at any age. However, as the cost of buying income protection is based on the age you are when you take out your plan, the sooner you take it out, the lower your premium may be.
To see how likely you are to suffer from an illness or injury before you retire, you can try our health risk calculator.
To successfully claim benefit under your Income Protection Plan, your illness or injury must prevent you from fulfilling your role. By this we mean that because of your illness or injury, you are totally unable to carry out your essential duties. Essential duties are those that cannot be avoided without affecting your ability to do your job.
We’ll always need to see a medical report from your doctor before we can pay out, and sometimes we may require you to provide more details or evidence too. There’s more detail on how we assess your claims in the Key Features Document.
Other ways to protect you and your family
Income protection is just one of the ways you can protect yourself and your family from life’s unpredictability. Other options worth considering include:
Life assurance
Providing a tax-free lump-sum for your family when you die, life assurance allows you to take care of your loved ones even when you’re gone.
Mortgage protection
Critical illness cover
Critical illness cover protects you if you're diagnosed with a serious health condition, providing a tax-free lump sum in the event life turns upside down.