Income Protection plans
If you're unable to work due to illness, an income protection plan can pay you a monthly amount - typically 50-65% of your normal income - until you return to work or reach your pre-determined retirement date. The plan gives you peace of mind that, in the event of long-term illness, your family will have an income to put towards outgoings such as mortgage payments and day-to-day living expenses - leaving you to concentrate on getting well.
If you run your own business, you can also use income protection plans to cover your losses if one of your key employees falls ill and is unable to work. The premiums may also qualify for tax deduction (subject to meeting appropriate rules).
You can choose to pay guaranteed or reviewable premiums, which vary according to changes in the cost of cover.
The plans have no cash-in or residual value during or at the end of the term.
Learn more about our income protection plans
To find out how you could benefit from this type of protection, please contact us and we'll be in touch as soon as possible.
Legal information
Critical Illness plans
Our Critical Illness Protection Plan can help you and your family cover the costs that may result from a serious illness - including medical expenses, moving house and protecting your business.
These fixed term plans are designed to pay out a lump sum if you are diagnosed with an illness specified in your policy - such as heart attacks, strokes and some cancers - as long as you are covered by the policy conditions and satisfy claim procedures. They have no cash-in value and you can choose between single or joint life protection.
Depending on your needs, we can offer premiums that are either subject to periodic review or guaranteed to remain the same throughout the term. The Critical Illness Protection Plan can act as a standalone policy, or you can add it to other policies for even greater protection.
Learn more about our critical illness plans
To find out how you could benefit from this type of protection, please contact us and we'll be in touch as soon as possible.
Legal information
The products and services described on this page are provided by the following company, Barclays Wealth which is the wealth management division of Barclays and operates through Barclays Bank PLC and its subsidiaries. For further information on these companies and Barclays Wealth please read the Important Information. Each Barclays Wealth company reserves the right to make a final determination on whether or not you are eligible for any particular product or service.
