UK Work Risk 1 in 2 Face Health Crisis
UK 2025 Over 1 in 2 Working Britons Will Face a Major Health Crisis or Disability Preventing Work Before Retirement, Threatening a £4.5 Million Lifetime Income Gap and Family Future – Why Life, Critical Illness & Income Protection Are Non-Negotiable
It’s a statistic so stark it forces you to stop and think: more than half of us, over 1 in 2 working people in the UK, are now expected to face a significant period off work due to serious illness, injury, or disability before we reach retirement age. This single event—a diagnosis, an accident, a mental health crisis—can trigger a devastating financial chain reaction. The immediate loss of income is just the beginning. It creates a chasm in your lifetime earnings, a potential £4.5 million gap for a higher earner over their career, jeopardising everything you've worked for: your home, your family's stability, and your future dreams.
In this definitive guide, we will unpack this unprecedented risk facing UK households. We’ll explore the forces driving this trend, calculate the true financial impact, and demystify the state's limited safety net. Most importantly, we will provide a clear, actionable blueprint for protecting your income and your family's future with the three pillars of financial resilience: Life Insurance, Critical Illness Cover, and Income Protection. This isn't about fear; it's about empowerment.
The Uncomfortable Truth: Unpacking the "1 in 2" Statistic
The "1 in 2" figure isn't hyperbole; it's the result of a perfect storm of converging trends in UK society. For decades, we’ve held a quiet belief that serious illness is something that happens to "other people," or at least, not until we're much older. The data for 2025 paints a very different picture.
So, what’s driving this dramatic increase in risk during our working lives?
1. The Rise of Chronic and Critical Illness
While medical advancements mean we're surviving illnesses that were once a death sentence, it also means more of us are living with long-term conditions.
- Cancer: Cancer Research UK states that 1 in 2 people will be diagnosed with some form of cancer in their lifetime. Many of these diagnoses will occur during prime working years, requiring extensive time off for treatment and recovery.
- Heart and Circulatory Diseases: The British Heart Foundation reports there are around 7.6 million people in the UK living with heart and circulatory diseases. A heart attack or stroke can abruptly end a career or necessitate a significant, long-term reduction in working capacity.
- Diabetes: Over 5 million people in the UK now have diabetes, a number that has more than doubled in the last 15 years. Complications can lead to serious health issues impacting one's ability to work.
2. The Epidemic of Mental Health Conditions
The conversation around mental health has opened up, but the statistics on its impact on the workforce are staggering.
- According to the Health and Safety Executive (HSE), stress, depression, or anxiety accounted for 17.1 million working days lost in 2022/23.
- Mind, the mental health charity, reports that at least 1 in 6 workers experiences common mental health problems, including anxiety and depression. Unlike a broken leg, mental health recovery can be a non-linear journey, often leading to prolonged or recurring absences from work.
3. Pervasive Musculoskeletal Issues
Often overlooked, musculoskeletal (MSK) conditions like back pain, neck problems, and arthritis are the leading cause of long-term work absence in the UK.
- The Office for National Statistics (ONS) consistently identifies MSK problems as a primary reason for long-term sickness, affecting millions and often developing into chronic conditions that make manual or even office-based work impossible.
4. We Are Working for Longer
The state pension age is now 66 for both men and women and is scheduled to rise to 67 between 2026 and 2028, with further increases planned. This longer working life extends the window of risk. A health issue at 62 that might have once coincided with retirement now happens with five or more years of work still expected.
These factors combine to create a simple, unavoidable truth: the probability of a health crisis derailing your career before you retire has never been higher.
The £4.5 Million Chasm: Calculating Your Personal Income Gap
The figure of a £4.5 million lifetime income gap sounds astronomical, but for a professional or high-earner, it's a frighteningly realistic calculation of what's at stake.
Let's break it down. Consider a 30-year-old solicitor earning £80,000 a year. With modest annual pay rises and promotions, their average salary over a 37-year career until retirement at 67 could easily be £120,000.
£120,000 (average annual salary) x 37 years = £4,440,000
This is not just "money." This is the mortgage on the family home, school fees, university funds, holidays, pension contributions, and the entire lifestyle they've built. A sudden illness at 40 could wipe out £3,240,000 of that future income.
But you don't need to be a top-flight solicitor for the impact to be catastrophic. Let's look at a more typical UK example.
Scenario: A 35-Year-Old Marketing Manager
- Annual Salary: £40,000
- Years to Retirement (Age 67): 32 years
- Total Potential Future Earnings (without pay rises): £40,000 x 32 = £1,280,000
A health crisis forcing them out of work permanently at 35 means over £1.2 million in lost income. Even a five-year absence represents a £200,000 financial hole.
The table below illustrates the potential income at risk based on age and salary, excluding any future promotions or inflation.
| Current Age | Annual Salary | Years to State Pension Age (67) | Potential Lost Future Income |
|---|---|---|---|
| 30 | £35,000 | 37 | £1,295,000 |
| 30 | £60,000 | 37 | £2,220,000 |
| 40 | £45,000 | 27 | £1,215,000 |
| 40 | £75,000 | 27 | £2,025,000 |
| 50 | £50,000 | 17 | £850,000 |
This gap isn't just a number on a spreadsheet. It's the difference between:
- Staying in your family home vs. being forced to downsize.
- Providing for your children's education vs. scaling back their opportunities.
- A comfortable retirement vs. relying on a meagre state pension.
- Independence and dignity vs. financial dependence on family or the state.
The State Safety Net: A Reality Check
A common and dangerous misconception is that "the state will provide" if you become too ill to work. While there is a safety net, it's designed to prevent destitution, not to replace your income. Relying on it is a fast track to financial hardship.
Let's look at what's actually on offer in 2025.
Statutory Sick Pay (SSP)
This is the first line of support, but it's extremely limited.
- What you get: £116.75 per week (as of 2024/25 rates).
- How long it lasts: For a maximum of 28 weeks, paid by your employer.
- The reality: £116.75 per week is roughly £505 per month. Compare that to your mortgage, council tax, energy bills, and food costs. For most, it's a drop in the ocean. It's also not available to many self-employed individuals.
Employment and Support Allowance (ESA) and Universal Credit (UC)
Once SSP runs out after 28 weeks, you may be able to claim support through ESA or the "limited capability for work" element of Universal Credit.
- The process: You must undergo a rigorous Work Capability Assessment (WCA) to prove you are too ill to work. These assessments are notoriously stressful and difficult to pass.
- What you might get: If you are deemed to have "limited capability for work and work-related activity," the additional element is around £390 per month on top of your standard Universal Credit allowance.
- The total: A single person over 25 might receive a total of around £750-£800 per month. For a couple, the figure is higher but still nowhere near a replacement for a professional salary.
Let's put this into stark perspective.
| Your Monthly Bills & Lifestyle | Typical Monthly Salary (after tax) | Maximum Monthly State Support | The Monthly Shortfall |
|---|---|---|---|
| Mortgage: £1,200 | £2,500 (£40k salary) | ~£800 | -£1,700 |
| Council Tax: £180 | |||
| Utilities: £250 | |||
| Food: £500 | |||
| Transport: £150 | |||
| Total Outgoings: £2,280 |
The state safety net doesn't just fail to cover your lifestyle; for most homeowners, it fails to even cover the mortgage. This is the reality that forces families to burn through savings, rack up debt, and ultimately, risk losing their homes.
Your Triple-Lock Defence: Life, Critical Illness, and Income Protection Explained
If you cannot rely on your health or the state, you must build your own financial fortress. The three essential building blocks for this are Income Protection, Critical Illness Cover, and Life Insurance. They work together to protect you against different financial shocks.
Think of it like protecting your car. You have an MOT (health checks), breakdown cover (Income Protection), and insurance for a major crash (Critical Illness Cover). They all serve a different, vital purpose.
1. Income Protection (IP): The Bedrock of Your Plan
If your income is the engine of your financial life, Income Protection is your personal breakdown service. It is arguably the most important insurance you can own during your working life.
- What it is: A policy that pays you a regular, tax-free monthly income if you are unable to work due to any illness or injury that your doctor signs you off for.
- How it works:
- Benefit: You can typically cover 50-70% of your gross monthly salary. This is designed to be close to your take-home pay.
- Deferred Period: This is the waiting period before the payments start. You choose this when you take out the policy. It can be anything from 4 weeks to 12 months. You align it with your employer's sick pay scheme or your savings. A longer deferred period means a lower premium.
- Payment Term: The policy can pay out for a set period (e.g., 2 or 5 years) or, ideally, right up until you are able to return to work or you reach your chosen retirement age.
- Why it's crucial: It replaces the one thing that underpins everything else: your monthly salary. It allows you to keep paying the mortgage, bills, and everyday costs, preserving your savings and your standard of living while you focus on recovery.
2. Critical Illness Cover (CIC): The Capital Shield
While IP protects your income, Critical Illness Cover provides a capital injection to deal with the significant one-off costs of a serious health event.
- What it is: A policy that pays out a one-off, tax-free lump sum if you are diagnosed with one of a list of specified serious medical conditions.
- How it works:
- Conditions Covered: Policies typically cover 40-50 core conditions like most cancers, heart attack, stroke, multiple sclerosis, and organ failure. More comprehensive plans can cover over 100 conditions.
- The Payout: The lump sum can be used for anything you want. Common uses include:
- Clearing or reducing a mortgage or other debts.
- Paying for private medical treatment or specialist consultations.
- Making adaptations to your home (e.g., a wheelchair ramp).
- Funding a period of recuperation for you and your partner.
- Why it's crucial: It gives you financial breathing space and options. It removes the immediate pressure of large debts, allowing the income from your IP or savings to stretch much further.
3. Life Insurance: The Ultimate Family Protection
Life Insurance addresses the ultimate "what if," ensuring your loved ones are financially secure if you are no longer around.
- What it is: A policy that pays out a tax-free lump sum to your beneficiaries upon your death.
- How it works:
- Term Insurance: You choose an amount of cover and a policy term (e.g., £250,000 over 25 years to match your mortgage). If you die within the term, it pays out. This is the most common and affordable type.
- Whole of Life: This policy guarantees a payout whenever you die. It's often used for inheritance tax planning or to leave a legacy.
- Why it's crucial: It ensures your death doesn't create a financial crisis for your family. The payout can clear the mortgage, provide an income for your surviving partner, cover childcare and education costs, and settle funeral expenses.
How They Work Together: A Summary
| Insurance Type | What does it cover? | When does it pay out? | How does it pay out? | Primary Purpose |
|---|---|---|---|---|
| Income Protection | Loss of income due to any illness or injury. | After a pre-agreed waiting period (the deferred period). | Regular, tax-free monthly income | Replace your salary; pay ongoing bills. |
| Critical Illness | Diagnosis of a specified serious medical condition. | Upon diagnosis and survival for a short period (e.g., 14 days). | One-off, tax-free lump sum | Clear debts (mortgage); fund treatment; adapt lifestyle. |
| Life Insurance | Your death during the policy term. | Upon your death. | One-off, tax-free lump sum | Protect your family's future; clear mortgage; cover final costs. |
Real-Life Scenarios: How Protection Insurance Makes the Difference
Theory is one thing; seeing how this works in practice is another. Let's explore some realistic scenarios.
Case Study 1: Sarah, the 38-Year-Old Graphic Designer
- Situation: Sarah earns £55,000, is married with one child, and has a £300,000 mortgage. She's the main earner.
- Her Cover: She has a Life & Critical Illness policy for £300,000 and an Income Protection policy for £2,800/month with a 3-month deferred period.
- The Crisis: Sarah is diagnosed with breast cancer. She needs surgery, chemotherapy, and radiotherapy, meaning she'll be off work for at least a year. Her employer pays full salary for 3 months, then drops to SSP.
- How Her Insurance Responds:
- Critical Illness: Her CIC policy pays out the £300,000 lump sum. Sarah and her husband decide to pay off their entire mortgage. This instantly removes their biggest monthly expense.
- Income Protection: After the 3-month deferred period (covered by her work sick pay), her IP policy starts paying her £2,800 tax-free every month. This replaces her lost salary and covers all the family's running costs.
- The Outcome: Instead of financial panic, the family has security. They can focus completely on Sarah's recovery without the stress of bills or the fear of losing their home. The IP continues to pay until Sarah is well enough to return to work part-time a year later.
Case Study 2: David, the 45-Year-Old Self-Employed Electrician
- Situation: David earns around £45,000 a year. As a sole trader, he has no employee benefits. If he doesn't work, he doesn't get paid.
- His Cover: David wisely took out an Income Protection policy years ago. It covers him for £2,200/month with a 4-week deferred period. He chose an 'own occupation' definition.
- The Crisis: David falls from a ladder and suffers a severe spinal injury. He is told he will never be able to work as an electrician again.
- How His Insurance Responds:
- Income Protection: After 4 weeks, his policy starts paying him £2,200 per month. Because he has an 'own occupation' definition, the policy pays out because he cannot do his specific job.
- The Outcome: This income is his lifeline. It pays his mortgage and bills while he undergoes extensive physiotherapy. The security of the ongoing payments allows him to retrain over two years in a new, office-based role as a project estimator. His IP policy supports him throughout this transition. Without it, he would have faced financial ruin.
Navigating the Market: How to Get the Right Cover for You
Securing the right protection isn't just about buying a policy; it's about buying the right policy. The market is complex, with dozens of providers and products, each with its own definitions, features, and pricing.
Here's a step-by-step guide to getting it right.
Step 1: Properly Assess Your Needs Don't guess. Sit down and do the maths.
- For Life & Critical Illness: How much is your mortgage? Any other large debts? How much income would your family need to replace, and for how long? Do you want to cover future costs like university fees?
- For Income Protection: What are your essential monthly outgoings? Check your employer's sick pay policy to determine your ideal deferred period. How long do you need the cover to last (ideally to retirement)?
Step 2: Understand the Key Terminology The details matter.
- 'Own Occupation' Definition (for IP): This is the gold standard. It means your policy will pay out if you are unable to do your specific job. Other definitions (like 'suited occupation' or 'any work') are less generous and should be avoided if possible.
- Guaranteed vs. Reviewable Premiums: Guaranteed premiums are fixed for the life of the policy. Reviewable premiums may start cheaper but can increase over time, potentially becoming unaffordable when you need the cover most.
- Waiver of Premium: This is a vital add-on. It means the insurer will pay your policy premiums for you while you are ill and claiming, so your cover remains in force.
Step 3: Use an Expert Independent Broker This is the single most important step. Navigating this landscape alone is fraught with risk. An expert broker, like WeCovr, provides an invaluable service.
- Whole-of-Market Access: We are not tied to one insurer. We compare policies and prices from all the major UK providers, including Aviva, Legal & General, Zurich, Royal London, and more.
- Expert Advice: We help you complete the needs analysis, understand the jargon, and identify the policy features that are most important for your specific circumstances.
- Application Support: We help you complete the application forms correctly, ensuring full and proper disclosure of your medical history to prevent any issues at the point of a claim. We fight your corner.
- Finding the Best Value: Our expertise ensures you get the most comprehensive cover available for your budget.
Step 4: Be Meticulously Honest When you apply for insurance, you will be asked detailed questions about your health, lifestyle, and family medical history. You must be completely truthful. Withholding information, even if it seems minor, is known as 'non-disclosure' and can give the insurer grounds to void your policy and refuse a claim.
Step 5: Put Your Policy in Trust For Life Insurance, placing the policy 'in trust' is a simple piece of paperwork that has two huge benefits. First, it means the payout goes directly to your chosen beneficiaries, bypassing your estate and the lengthy probate process. Second, it can keep the payout outside of your estate for Inheritance Tax purposes. A good adviser will help you with this for free.
Beyond the Payout: The Added Value That Matters
In 2025, the best insurance policies offer more than just a financial payout. Insurers now compete to provide a comprehensive ecosystem of support services designed to help you stay healthy and to support you during a claim.
These 'value-added benefits' can include:
- Virtual GP Services: 24/7 access to a GP via phone or video call.
- Second Medical Opinion Services: If you're diagnosed with a serious illness, you can get your diagnosis and treatment plan reviewed by a world-leading specialist.
- Mental Health Support: Access to a set number of counselling or therapy sessions.
- Physiotherapy & Rehabilitation Support: Services to help you get back on your feet and back to work faster.
- Bereavement Counselling: Support for your family in the event of a claim.
At WeCovr, we believe in this holistic approach to our clients' well-being. We see our role as not just arranging a policy, but as being a long-term partner in your health and financial security. That’s why we go a step further. As a WeCovr client, you not only get peace of mind from a carefully selected protection plan, but you also receive complimentary access to our exclusive AI-powered health and wellness app, CalorieHero.
This app helps you track nutrition, manage fitness goals, and build healthier habits. It's our way of investing in your long-term health, demonstrating our commitment to you beyond the policy document.
Frequently Asked Questions (FAQs)
1. I have a pre-existing medical condition. Can I still get cover? Yes, in many cases you can. The insurer may place an 'exclusion' on your policy relating to that condition, or they may increase the premium. This is an area where a specialist broker is essential, as they know which insurers are most sympathetic to certain conditions.
2. Isn't this type of insurance really expensive? This is the biggest myth. The cost depends on your age, health, smoking status, the amount of cover, and the policy type. However, for a healthy non-smoker in their 30s, meaningful cover can often be secured for less than the cost of a daily coffee or a monthly streaming subscription. The cost of not having cover is infinitely higher.
3. I'm self-employed. Is this really for me? Absolutely. In fact, you arguably need it more than an employee. You have no employer sick pay, no death-in-service benefit, and no one to support you financially if you can't work. Income Protection, in particular, should be considered an essential business overhead for any self-employed person.
4. My employer provides Death in Service cover. Isn't that enough? Death in Service is a great benefit, but it has limitations. It's typically 2-4 times your salary, which may not be enough to clear a large mortgage and provide for your family. Crucially, it's tied to your job. If you leave your job, you lose the cover, and getting new life insurance when you're older will be more expensive. It's wise to have your own personal policy that you control.
5. What is the difference between 'guaranteed' and 'reviewable' premiums? Guaranteed premiums are fixed for the entire policy term. You know exactly what you'll be paying from day one until the policy ends. Reviewable premiums can be re-assessed by the insurer (e.g., every 5 years) and may increase based on their claims experience or other factors. While they can look cheaper initially, they often become more expensive in the long run. We almost always recommend guaranteed premiums for budget certainty.
Conclusion: Don't Be a Statistic
The evidence is clear and compelling. The risk of a major health event interrupting your working life is now a coin-toss probability. The financial consequences of being unprepared are not just inconvenient; they are life-altering for you and your family. Relying on hope as a strategy, or on a state safety net that was never designed to replace your income, is a gamble you cannot afford to take.
The good news is that the solution is straightforward, affordable, and accessible. A robust, layered defence of Income Protection, Critical Illness Cover, and Life Insurance creates a financial shield that protects your income, your assets, and your family's future against whatever life throws at you.
Building this shield is not something you have to do alone. Taking the first step is as simple as having a conversation. Talk to an expert who can understand your unique situation, navigate the market on your behalf, and build a tailored protection plan that fits your life and your budget.
Your ability to earn an income is your most valuable asset. The time to protect it is now. Don't wait to become part of the "1 in 2" statistic. Take control of your financial future today.
Related guides
Why life insurance and how does it work?
What is Life Insurance?
Life insurance is an insurance policy that can provide financial support for your loved ones when you or your joint policy holder passes away. It can help clear any outstanding debts, such as a mortgage, and cover your family's living and other expenses such costs of education, so your family can continue to pay bills and living expenses. In addition to life insurance, insurance providers offer related products such as income protection and critical illness, which we will touch upon below.How does it work?
Life insurance pays out if you die. The payout can be in the form of a lump sum payment or can be paid as a replacement for a regular income. It's your decision how much cover you'd like to take based on your financial resources and how much you'd like to leave to your family to help them deal with any outstanding debts and living expenses. Your premium depends on a number of factors, including your occupation, health and other criteria.The payout amount can change over time or can be fixed. A level term or whole of life policy offers a fixed payout. A decreasing term policy offers a payout that decreases over the term of the cover.
With critical illness policies, a payout is made if you’re diagnosed with a terminal illness with a remaining life expectancy of less than 12 months. While income protection policies ensure you can continue to meet your financial commitments if you are forced to take an extended break from work. If you can’t work because you’ve had an accident, fallen sick, or lost your job through no fault of your own, income protection insurance pays you an agreed portion of your salary each month.
Income protection is particularly helpful for people in dangerous occupations who want to be sure their mortgage will always be covered. Income protection only covers events beyond your control: you’re much less likely to be covered if you’re fired from your job or if you injure yourself deliberately.
Questions to ask yourself regarding life insurance
Just ask yourself:👉 Who would pay your mortgage or rent if you were to pass away or fall seriously ill?
👉 Who would pay for your family’s food, clothing, study fees or lifestyle?
👉 Who would provide for the costs of your funeral or clear your debts?
👉 Who would pay for your costs if you're unable to work due to serious illness or disability?
Many families don’t realise that life, income protection and critical illness insurance is one of the most effective ways to protect their finances. A great insurance policy can cover costs, protect a family from inheriting debts and even pay off a mortgage.
Many would think that the costs for all the benefits provided by life insurance, income protection insurance or critical illness insurance are too high, but the great news is in the current market policies are actually very inexpensive.
Benefits offered by income protection, life and critical illness insurance
Life insurance, income protection and critical illness insurance are indispensable for every family because a child loses a parent every 22 minutes in the UK, while every single day tragically 60 people suffer major injuries on the UK roads. Some people become unable to work because of sickness or disability.Life insurance cover pays out a lump sum to your family, loved ones or whomever you choose to get the money. This can be used to secure the financial future of your loved ones meaning they would not have to struggle financially in the event of your death.
If it's a critical illness cover, the payout happens sooner - upon diagnosis of a serious illness, disability or medical condition, easing the financial hardship such an event inevitably brings.
Income protection insurance can be very important for anyone who relies on a pay check to cover their living costs, but it's especially important if you’re self-employed or own a small business, where your employment and income is a bit less stable. It pays a regular income if you can't work because of sickness or disability and continues until you return to paid work or you retire.
In a world where 1 in 4 of us would struggle financially after just four weeks without work, the stark reality hits hard – a mere 7% of UK adults possess the vital shield of income protection. The urgency of safeguarding our financial well-being has never been more palpable.
Let's face it – relying on savings isn't a solution for everyone. Almost 25% of people have no savings at all, and a whopping 50% have £1,000 or less tucked away. Even more concerning, 51% of Brits – that's a huge 27 million people – wouldn't last more than one month living off their savings. That's a 10% increase from 2022.
And don't even think about state benefits being a safety net. The maximum you can expect from statutory sick pay is a mere £109.40 per week for up to 28 weeks. Not exactly a financial lifeline, right?
Now, let's tackle a common objection: "But I have critical illness insurance. I don't need income protection too." Here's the deal – the two policies apply to very different situations. In a nutshell:
- Critical illness insurance pays a single lump sum if you're diagnosed with or undergo surgery for a specified potentially life-threatening illness. It's great for handling big one-off expenses or debts.
- Income protection, on the other hand, pays a percentage of your salary as a regular payment if you can't work due to illness or injury. It's the superhero that tackles those relentless monthly bills.
Types of life insurance policies
Common reasons for getting a life insurance policy are to:✅ Leave behind an amount of money to keep your family comfortable
✅ Protect the family home and pay off the mortgage in full or in part
✅ Pay for funeral costs
Starting from as little as a couple of pounds per week, you can do all that with a Life Policy.
Level Term Life Insurance
One of the simplest forms of life insurance, level term life insurance works by selecting a length of time for which you would want to be covered and then deciding how much you would like your loved ones to receive should the worst happen. Should your life insurance policy pay out to your family, it would be in a lump sum amount that can be used in whatever way the beneficiary may wish.
Decreasing Term Life Insurance
Decreasing term life insurance works in the same way as level term, except the lump sum payment amount upon death decreases with time. The common use for decreasing term life cover is to protect against mortgage repayment as the lump sum decreases along with the principal of the mortgage itself.
Increasing Term Life Insurance
Increasing term life insurance aims to pay out a cash sum growing each year if the worst happens while covered by the policy. With increasing term life cover amount insured increases annually by a fixed amount for the length of the policy. This can protect your policy's value against inflation, which could be advantageous if you’re looking to maintain your loved ones’ living standards, continue paying off your mortgage in line with its repayment schedule and cover your children’s education fees.
Whole of Life Insurance
Whereas term life insurance policies only pay out if you pass away during their term, whole of life insurance pays out to your beneficiaries whenever this should happen. The most common uses for whole life insurance are to cover the costs of a funeral or as a vehicle for your family's inheritance tax planning.
Family Income Benefit
Family income benefit is a somewhat lesser-known product in the family of life insurance products. Paying out a set amount every month of year to your beneficiaries, it is the most cost-effective way of maintaining your family's living standards to an age where you'd expect them to be able to support themselves financially. The most common use would be for a family with children who are not working yet so are unable to take care of themselves financially.
Relevant Life Insurance
Relevant Life Insurance is a tax-efficient policy for a director or single employee. A simple level term life insurance product, it is placed in a specific trust to ensure its tax efficiency. The premiums are tax deductible and any benefit payable should a claim arise is also paid out tax free, which makes it an attractive product for entrepreneurs and their businesses.
Important Fact!
We can look at a more suitable option mid-term!
Why is it important to get life insurance early?
👉 Many people are very thankful that they had their life, income protection, and critical illness insurance cover in place before running into some serious issues. Critical illness and income protection insurance is as important as life insurance for protecting your family's finances.👉 We insure our cars, houses, bicycles and even bags! Yet our life and health are the most precious things we have.
Easily one of the most important insurance purchases an individual or family can make in their lifetime, the decision to buy life, income protection, critical illness and private medical health insurance can be made much simpler with the help of FCA-authorised advisers. They are the specialists who do the searching and analysis helping people choose between various types of life insurance policies available in the market, including income protection, critical illness and other types of policies most suitable to the client's individual circumstances.
It certainly won't do any harm if you speak with one of our experienced FCA-authorised insurance partner experts who are passionate about advising people on financial matters related to life insurance and are keen to provide you with a free consultation.
You can discuss with them in detail what affordable life, income protection, critical illness or private medical health insurance plan for the necessary peace of mind they would recommend! WeCovr works with some of the best advisers in the market.
By tapping the button below, you can book a free call with them in less than 30 seconds right now:
Our Group Is Proud To Have Issued 900,000+ Policies!
We've established collaboration agreements with leading insurance groups to create tailored coverage
How It Works
1. Complete a brief form
2. Our experts analyse your information and find you best quotes
3. Enjoy your protection!
Any questions?
Learn more
Who Are WeCovr?
WeCovr is an insurance specialist for people valuing their peace of mind and a great service.👍 WeCovr will help you get your private medical insurance, life insurance, critical illness insurance and others in no time thanks to our wonderful super-friendly experts ready to assist you every step of the way.
Just a quick and simple form and an easy conversation with one of our experts and your valuable insurance policy is in place for that needed peace of mind!