Protection Planner

Check how income protection could help people you love

This tool helps you explore how people who rely on an income might be affected if it stopped.

Why this matters

  • It can replace lost income, supporting people who rely on your salary to cover everyday costs
  • It pays out as regular monthly support, easier for a family to manage
  • The right level of cover may be more affordable than you expect
Takes about 3 minutes. This is a rough guide, not a final recommendation. You can change your answers later.

What we'll ask

  • Whose income you want to protect.
  • Roughly how much income needs to be replaced.
  • What support might already be available.
  • How long support may be needed for.

What you'll get

  • A rough estimate of the income gap.
  • An idea of how much cover may be worth exploring.
  • A result you can come back to later.

Whose income do you want to protect?

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  • See what you could do with a simple protection plan.
  • We're only asking about who's income we’re protecting so that we're clear on what's required.

Protecting your income - if you die early, your income will stop.

This will leave your dependents with an income gap that they will need to bridge each month.

£

This will be the size of the income gap your dependants would be left with, if you were to die while still working.

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  • We need to know roughly how much you earn each month (after tax) for this calculator to work.
  • We are assuming that your dependents will continue to require this income.

State benefits might help reduce the monthly income gap.

There are state benefits available for people with and without children.

Whether or not you have children under 20 in full-time education, your family may be eligible to receive "Bereavement Support Payments" for up to 12 months, which would temporarily reduce the monthly income gap and may be long enough for you to adjust.

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  • We are assuming that the dependency of any children is shared by both you and your partner (if applicable).
  • you may also be eligible for a one-off "Bereavement Support Payment".
  • The exact amount of state benefit will depend on your specific circumstances.
  • You can find out more here .

Monthly mortgage payments take a large part of many family incomes.

If you have a mortgage, and it's insured, it will be paid off if you die. That will reduce your dependents' monthly income gap.

£
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  • We are assuming that your mortgage is shared.

Monthly income gaps can be bridged with income protection cover.

See what difference a simple level of monthly cover could make for the people who rely on this income.

Indicative monthly cost

Move the slider to see an illustrative monthly cost.

Current monthly
income gap
Monthly cover
you could add
Projected monthly
income gap left
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Indicative costs are for demo purposes only, based on simple assumptions, and are not real quotes or recommendations.