Income Protection Insurance

Take out Income Protection Insurance from just £5 per month, and you can protect your income for those rainy days when you’re unable to work due to sickness or injury.


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Income protection is insurance that offers you and your family flexible and affordable cover against losing your regular income due to illness or injury. Our Income Protection insurance aims to replace up to 70% of your gross regular income in the event you become unable to work due to sickness or if you’re incapacitated. 

Income protection insurance provides cover against illnesses or injuries that stop you from working. This cover replaces some of your regular income in the form of a tax-free sickness benefit. In the event that you become incapacitated and have to make a claim, then you can then use this to pay towards your ongoing living expenses such as bills, rent and mortgage payments.

Should you find yourself unable to work due to illness or injury, our Income Protection insurance gives you and your family flexible and affordable cover against your loss of income.

  • You decide when to receive your first monthly payment to tie in with your sick pay
  • With a 5-star Defaqto rating, you can trust our Income Protection to work for you
  • We won’t increase your premiums based on your hobbies or health conditions

Our Income Protection insurance gives you peace of mind that your family’s lifestyle is protected. It provides the income needed to meet the monthly bills without having to dip into your savings or run up debts.

An income when you can’t work

Our cover pays up to 70% of your gross income aiming to replace your take home pay.

Cover from just £5 per month

Tailor our affordable, flexible Income Protection insurance around your circumstances.

We’ve paid 96.2% of claims

96.2% of new claims made by Income Protection members were accepted.

What you pay depends on the percentage of your monthly income you want to cover, and the period you choose to wait before you begin to receive payments. Our Income Protection cover starts from just £5 a month.

Shepherds Friendly Income Protection insurance works by replacing your income if you become too ill to work. Some key takeaways are:

  • Income Protections aims to replace up to 70% of your gross income if you become injured or too ill to work.
  • Your tax-free sickness benefit is paid monthly.
  • It covers physical illness, mental illness and injuries, with options to cover both short and long-term.
  • Our long-term cover pays a sickness benefit until you can return to work, retire or pass away.
  • Our short-term cover pays a sickness benefit until you can return to work, or for a maximum of two years.
  • You can claim as many times as you need throughout the term of the policy. Please remember that if you choose the short-term policy, then claims for two incidences of the same condition need to be at least 6 months apart.

For our Enhanced Benefits, we have partnered with Nuffield Health to give you unlimited access to the best health and wellbeing support services.  This includes private online GP appointments available 24 hours a day, 365 days a year and at no additional cost.  Plus, helpful financial support including bereavement payments and a new child payment. 

Nuffield Health Benefits

Nuffield Health Virtual GP

24/7 GP and ANP (Advanced Nurse Practitioner) access wherever you are. With unlimited appointments, you can have as many up to 20-minute video or phone GP and ANP consultations as you need, giving you peace of mind knowing your health is in good hands. 

Nuffield Health Gym Discount Membership

Enjoy the benefits of a Nuffield Health Gym membership for 20% less. Become a fitter, healthier and stronger you… and save yourself some money at the same time! 

Nuffield Health Emotional Wellbeing

Accredited by the National Institute for Health and Care Excellence (NICE), the Nuffield Health Emotional Wellbeing platform is designed to help you maintain and improve your emotional wellbeing. 

Family Support Benefits

Bereavement Payment

In the unfortunate event that you die during the term of your plan, our Bereavement Payment provides your loved ones with a helping hand at what is sure to be a difficult time, by offering a payment of £6,000. 

Terms and conditions apply.

New Child Payment

We’ll pay £250 into a Shepherds Friendly Junior ISA upon the birth or adoption of your child – perfect for giving them a head start in life. After all, who knows what the future has in store? 

Terms and conditions apply.

It’s our promise that should you ever need to make a claim, a specialist claims handler will be by your side every step of the way.

Our claims specialists have an average of more than 10 years’ experience, so you can rest assured they’ll make the process as smooth and hassle-free for you as possible.

All correspondences with us, and any documents required to handle your claim, will be processed within five working days. We’ll ensure you’re kept up to date with the progress of your claim and offer expert guidance and information when you need it.

We’re a financial mutual that’s built on fairness. Everything we do is for our members, not shareholders, and all profits made are paid to you or re-invested for your benefit.

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Our members love that we do things the right way

Nine out of 10 members would recommend us for the way we protect their futures.

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Helping our members benefit for almost 200 years

The world’s changed a lot since 1826 but our idea of fairness remains the same.

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When you’re member-owned, it matters more

We take the financial future of every member personally, because you’re one of us.

It’s wise to secure yourself and your family against the unknown. Download the documents below to get up to speed with exactly how the Shepherds Friendly Income Protection insurance works.

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  • If you stop paying premiums under this plan, your cover will cease.
  • If your income increases and you do not review your benefit level, you may not have sufficient benefit to meet your needs when you make a claim.
  • If your income decreases and you do not review your benefit level, you may not be able to claim the full amount of benefit you applied for when the plan started, or you may only be entitled to House Persons Benefit if you are unemployed at the date of incapacity.
  • If you cancel your plan, you will not receive any money back.
  • Benefits received from this plan may affect your entitlement to any other benefit.
  • If you do not give us accurate and honest answers about your health and lifestyle, we may not pay the benefit in the event of a claim.

All references to taxation are to UK taxation and are based on Shepherds Friendly Society’s understanding of current legislation and H M Revenue and Customs practice which may change in the future. For our With Profits plans investment growth is by means of bonuses, the amount of which cannot be guaranteed throughout the term of the contract. Please ensure that you read the full terms and conditions of this plan which are available from your financial adviser or by contacting us directly.

Please note: No advice has been provided by Shepherds Friendly. If you are in any doubt as to whether a plan is suitable for you, we recommend getting in touch with a financial adviser, who will be happy to take you through what options are available. Should you consult a financial adviser there could be a cost involved and you should confirm this cost beforehand.