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Protect your Income with confidence
FCA-Authorised Advisers | Whole-of-Market Access
British Life connects you to Executive Income Protection cover that matches your salary, dividends or bonuses. Expert guidance, whole-of-market access, no fees.
We find you quotes from the whole UK market
Your compensation goes beyond basic salary. Bonuses, dividends, stock options: standard income protection policies often miss these entirely. You risk:
Let’s make sure you get protection that covers what you actually earn.
Your compensation structure is different. Bonuses, dividends, company benefits all need accounting for. Standard income protection policies base cover on salary alone, which means executives are often dramatically under-insured.
We've seen too many business leaders discover this gap when they come to review their cover. That's why British Life connects you with advisers who specialise in Executive Income Protection insurance – professionals who understand how to structure cover for complex compensation packages.
This isn't about ticking a box. It's about ensuring that if something happens, your financial commitments are genuinely covered."
James Stait,
British Life
As a company director or senior executive, your monthly income includes more than just your annual salary. Yet most income protection cover only protects basic pay, leaving bonuses and dividends exposed.
British Life connects you with FCA-authorised advisers who specialise in Executive Income Protection across the UK. They work with the whole market to secure policies that cover what you actually earn. Your adviser ensures proper own occupation definitions, suitable deferred periods, and cover that grows with your income.
Picture the confidence of knowing you're genuinely protected. Your compensation secured. Your family's financial commitments covered.
Discover how straightforward Executive Income Protection can be.
Our service is completely free. The advisers we connect you with are paid by insurers, but only when they secure appropriate cover for you. As for your monthly premiums, Executive Income Protection is typically more expensive than standard policies because it covers higher income levels and complex compensation structures, including business expense options. Your adviser works within your budget to find suitable cover.
Executive Income Protection protects all of the employee's income, not just basic salary. This includes bonuses, dividends, and other variable income. It features own occupation definitions tailored to senior roles, ensuring you won't be forced to take a lesser position to maintain your claim. For company directors operating through a limited company or limited liability partnership, there are specific approaches to ensure all income is protected. Many policies also offer additional benefits like employer pension contributions and mental health support during claims.
If you pay premiums personally, they're not tax-deductible, but any payout is tax-free. If your company pays premiums as a business expense, the payout is typically taxable as income. For business protection purposes, Executive Income Protection can be tax efficient when structured correctly. Your adviser explains the tax treatment and ensures you understand how any successful claim would be taxed.
Once you've started your quote, you'll receive a call from one of our FCA-authorised advisers to finalise your requirements. We'll then present you with the best options for your needs and budget, selected from the whole UK market. Your adviser will help you understand deferred periods (how long before monthly payments start), benefit periods (how long the policy pays until retirement age), and options for increasing cover as your gross income grows.
It is possible to be protected with a life insurance or critical illness policy within 20 minutes provided the insurer does not require a GP report or medical.
A GP report or medical is normally required for large amounts of cover (over £400,000), or if your BMI is over 30, or you have any significant ongoing or past medical issues, or if you are involved in dangerous job or high risk hobby.
Find out how much cover you might need by using our simple online calculator. It will take into account your outstanding mortgage, any loans or credit cards, your monthly income and how many children you have.
Ultimately the right amount of cover is often a balance between what might be an ideal figure and what you can sensibly afford.
We have tracked down the very best protection insurance advisers in the UK to ensure you have access to great advice and the best products from the leading insurers.
Instead of pushy sales people, our advisers offer a more personalised service to guide you through the process and ensure you enjoy lasting peace of mind by making an informed choice.
Outstanding service and knowledgeable customer service rep. I received a call as promised in my email. Marie was very knowledgeable in her subject matter, she took some basic details and was very polite and courteous in her manner.
Marie was very sensitive when discussing personal circumstances and listened carefully and showed...
N Marsden