If you’re ill or injured, the impact hits twice - you lose your input and your income. Executive Income Protection keeps your salary going while your business finds its feet.
Specialist Advice 💬
Monthly salary protection.
A policy that pays a monthly income if you’re too ill or injured to work - so you can still take home a salary.
Directors & execs.
Designed for limited company directors who want Income Protection paid through the business, not out of pocket.
Double the cost.
If you can’t work, you lose both your contribution and your income. This cover pays your salary, so you’re not hit twice.
The business does.
Premiums are paid by your company - not you - and may be eligible as a business expense (get advice on setup).
Flexible cover.
Pays a monthly income after a waiting period, usually until recovery or retirement. You choose the amount and timing.
Often, yes.
Executive Income Protection is usually tax-deductible for the company, with benefits paid as taxable salary. Win-win.
If you were too ill to work, how would you pay your salary? Executive Income Protection pays a monthly income until you’re back on your feet - funded by your business, and usually tax-efficient.
Protect Your Paycheque 💰
Executive Income Protection is usually classed as a business expense - meaning your company pays, and you’re covered. It’s a smart, efficient cover that pays off when it matters most.
Use Your Business to Pay 📊
Being unwell is tough enough - stressing about bills shouldn’t be part of it. Income Protection steps in when you can’t work, replacing your earnings so you can keep life on track. That way, you can focus on getting better while your finances stay steady.
Recover Without Worry 🧘
You’re the engine of your business - but if illness or injury takes you out, the bills don’t wait. Executive Income Protection ensures you can still draw a salary and cover your lifestyle, without draining savings or maxing out credit cards.
Your company can pay for Executive Income Protection - usually tax-deductible and cheaper than Personal Cover.
(Unbiased, 2024)
Executive Cover is often cheaper than Personal Protection and tailored to directors’ needs - including dividend income.
(Royal London, 2023)
Average long-term sick leave in the UK is over 6 months
(ONS, 2024)
1 in 5 people are off work for more than 6 months during their career.
(Aviva, 2023)
Executive Income Protection is like paying yourself sick pay - through the business. It protects your income, your household, and your mental health. Without it, time off work can turn into financial stress, debt, or even losing your home.
(FT Adviser, 2024)
Only 9% of UK business owners have Income Protection.
(Legal & General, 2024)
Income Protection means you don’t have to dip into savings, borrow, or shut the business - you can recover with confidence and keep bills paid.
(Which?, 2024)
38% of SMEs say a long-term sick leave would threaten their financial stability
(Simply Business, 2023)
Without cover, 1 in 3 self-employed people say they’d run out of money within 3 months off work.
(LV= Business Protection Survey, 2024)
Your company can pay for Executive Income Protection - usually tax-deductible and cheaper than Personal Cover.
(Unbiased, 2024)
Executive Cover is often cheaper than Personal Protection and tailored to directors’ needs - including dividend income.
(Royal London, 2023)
Average long-term sick leave in the UK is over 6 months
(ONS, 2024)
1 in 5 people are off work for more than 6 months during their career.
(Aviva, 2023)
Executive Income Protection is like paying yourself sick pay - through the business. It protects your income, your household, and your mental health. Without it, time off work can turn into financial stress, debt, or even losing your home.
(FT Adviser, 2024)
Only 9% of UK business owners have Income Protection.
(Legal & General, 2024)
Income Protection means you don’t have to dip into savings, borrow, or shut the business - you can recover with confidence and keep bills paid.
(Which?, 2024)
38% of SMEs say a long-term sick leave would threaten their financial stability
(Simply Business, 2023)
Without cover, 1 in 3 self-employed people say they’d run out of money within 3 months off work.
(LV= Business Protection Survey, 2024)
Group Income Protection does for your employees what Executive Cover does for you - providing a regular income if they’re off sick long-term. A great perk that shows you care.
Explore Group Cover 🐧
It felt more like speaking to a friend than an advisor.
Big love to Lilly for helping with the document pack. I’m terrible with forms but she broke everything down and made it all so smooth. Waddle are lucky to have her!
As a director, I didn’t know executive income protection was a thing. Now I’m covered and saving tax. Win-win.
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