Income protection calculator
How much income protection do I need?
Income protection replaces part of your earnings if illness or injury stops you working. Enter your income, essential outgoings, any employer sick pay and your savings to estimate a suitable monthly benefit and deferred period.
Suggested monthly benefit
£0/mo
Illustrative estimate only. This is a guide based on the figures you enter — not financial advice, a recommendation, or a quote. Insurer caps and definitions vary. A separate, FCA-regulated adviser provides all advice and an accurate quote. Cover Your Family is not FCA regulated.
How this income protection calculator works
Insurers typically replace up to around 60% of your gross income, so we cap the suggested benefit at that level and compare it to your essential monthly outgoings. The deferred period — how long you wait before payments begin — is suggested from how long your employer sick pay and savings could keep you going. A longer wait lowers the premium.
The self-employed have no sick pay to fall back on, so usually need a shorter deferred period. For the detail, read our complete guide to income protection or see income protection advice.
FAQ
Common questions
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